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EXECUTIVE CHANGES: AB Dynamics picks CFO to replace Victrex-bound CEO

Tue, 21st Oct 2025 12:00

(Alliance News) - The following is a round-up of London-listed company director and manager changes announced on Tuesday and not separately reported by Alliance News:

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AB Dynamics PLC - Bradford on Avon-based testing, simulation and measurement products and services for the transport market - Promotes Chief Financial Officer Sarah Matthews-DeMers to chief executive officer, starting December 1. Current CEO James Routh will leave the board on November 30 but will remain with the company until December 31. Matthews-DeMers joined AB Dynamics as CFO in 2019, before which she worked at Avon Rubber PLC - now Avon Protection PLC - Rotork PLC and Carclo PLC. Routh is moving to polymer producer Victrex PLC, replacing Jakob Sigurdsson on January 1.

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Wellnex Life Ltd - Melbourne-based consumer healthcare products - CEO Zack Bozinovski resigns but will remain with Wellnex until April 2026 to assist with the transition to a new CEO. Executive Chair Ash Vesali will oversee operations while a search for a new CEO is underway. Wellnex also says it has agreed to work in good faith with Bozinovski and his wife to set a repayment schedule for a AUD2.3 million, around USD1.5 million, loan provided by the couple to the company, with full repayment expected by April 2026.

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Evoke PLC - Gibraltar-incorporated, London-based betting and gaming operator and owner of the William Hill, 888 and Mr Green brands - Non-Executive Chair Jon Mendelsohn steps down from the board, having joined it in 2020. Mendelsohn also served as interim executive chair during most of 2023. He is succeeded by Mark Summerfield, who joined the board in 2019 and has chaired the Audit & Risk and Gaming Compliance committees. Anne de Kerckhove is appointed deputy chair, continuing as senior independent director. Chief Executive Officer Per Widerstrom thanks Mendelsohn for guiding the group through a period of "significant growth and transformation." Evoke will provide a trading update on Tuesday next week.

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Bluefield Solar Income Fund Ltd - income fund advised by Bluefield Partners LLP that buys and manages solar energy assets in the UK - Promotes Senior Independent Director Michael Gibbons to chair, succeeding John Scott. In turn, promotes Glen Suarez to senior independent director, succeeding Gibbons. Both are effective immediately. Bluefield separately declares a fourth interim dividend for the financial year that ended June 30 of 2.30 pence per share, up from 2.20p a year before. This brings Bluefield's total payout for financial 2025 to 8.90p, up from 8.80p in financial 2024. For financial 2026, Bluefield targets a payout of no less than 9.0p.

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By Tom Waite, Alliance News editor

Comments and questions to newsroom@alliancenews.com