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EXECUTIVE CHANGES: HL CFO to depart; Novacyt hires CEO from Amryt

Thu, 29th Jul 2021 17:10

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

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Hargreaves Lansdown PLC - Bristol-based wealth management platform - Chief Financial Officer Philip Johnson will step down for "personal reasons" after a transition. HL now will search for a successor.

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Pearson PLC - London-based education publisher - Elizabeth Corley will step down as non-executive director after being named the next chair of asset manager Schroders PLC. Corley will join the Schroders board on September 1, at which time she will step down as chair of the Pearson board's Remuneration Committee. Corley will step down from the Pearson board itself before becoming assuming the Schroders chair after the Schroders annual general meeting on April 28, 2022. Until 2016, Corley was chief executive of Allianz Global Investors. She previously was a consulting partner for Merrill Lynch Investment Managers and Coopers & Lybrand.

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Jupiter Fund Management PLC - London-based long-term, active investor - Hires Dale Murray as independent non-executive director, starting September 1. Murray co-founded mobile telecommunications software firm Omega Logic and led the business after its takeover by First Data Corp, before becoming an angel investor in the digital sector.

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Novacyt SA - Surrey-based biotechnology group focused on clinical diagnostics - Hires David Allmond as chief executive officer and director, starting October 18 and replacing Graham Mullis, who will retire after 13 years with the company and a predecessor. Allmond is chief business officer at fellow AIM listing Amryt Pharma PLC.

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Stock Spirits Group PLC - branded spirits and liqueurs in Central and Eastern Europe and Italy - Hires Juliette Stacey as independent non-executive director. Stacey is senior independent director of pub chain Fuller, Smith & Turner PLC and as an executive was chief operating officer, Commercial UK & Europe, for estate agent Savills PLC.

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C&C Group PLC - Dublin-based beer, cider, wine, spirits and soft drinks - Chief Operating Officer Andrea Pozzi will step down from the board on September 1 but will remain with C&C to manage its GB businesses trading under the Tennent's brand. The executive director role of COO will be divided among other executive directors. Meanwhile, Jim Clerkin will step down as non-executive director on October 27 after four years to focus on work responsibilities in the US.

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IQE PLC - Cardiff-based semiconductor wafers and materials - Hires Victoria Hull as non-executive director, starting on Sunday. Hull is senior independent director of FTSE 250-constituent Ultra Electronics Holdings PLC and also is on the boards of Network International Holdings PLC and Alphawave IP Group PLC.

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ADM Energy PLC - investor with producing interests in Nigeria - Hires Oliver Andrews as non-executive chair, starting on Monday next week. Andrews replaces Peter Francis, who will step down from the board on Monday for "personal circumstances". Andrews was chief investment officer at natural resources and infrastructure investor Africa Finance Corp.

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Seplat Energy PLC - Hires Emma FitzGerald as independent non-executive director, starting August 1 and replacing Mark Malloch-Brown. FitzGerald is a former executive at oil major Royal Dutch Shell PLC, power distributor National Grid PLC and water works Severn Trent PLC.

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TR European Growth Trust PLC - Janus Henderson-managed fund that seeks capital growth by investing in smaller and medium sized in Europe outside the UK - Promotes Simona Heidempergher to senior independent director, starting immediately. Heidempergher has been one of the trust's European-based directors since 2014. She is managing director of Merifin Capital and lead independent director of Milan-listed Aquafil Spa.

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Argo Blockchain PLC - London-based cryptocurrency mining - Refreshes board by hiring Colleen Sullivan, Maria Perrella, and Sarah Gow as independent non-executive directors, and adding Alex Appleton as executive director. Meanwhile, Peter Wall will be interim chair as well as CEO until a new chair is found. The new appointments replace Ian Macleod as executive chair and James Savage and Marco D'Attanasio as non-executive directors. Sullivan is CEO of CMT Digital, part of CMT Group, specialising in crypto-asset trading and blockchain technology investments. Perrella was CFO of MDA, a Canadian space mission partner. Gow spent 11 years at Citigroup Asset Management, serving as director of Global Operations in New York and head of Operations in London. Appleton has been Argo Blockchain's finance director since September last year.

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Anglesey Mining PLC - developing Parys Mountain copper-zinc-lead deposit in northern Wales - Hires Jo Battershill as chief executive, starting on Sunday. Battershill has been a broker at Canaccord Genuity Group Inc and UBS Group AG for the past 13 years, ending as head of Sales & Distribution of Australian equities in the Europe, Middle East and Africa region for Canaccord. He previously had worked in mining operations at Western Mining Corp in Australia. Battershill replaces Bill Hooley, who moves to deputy chair, also from Sunday. Speaking to two other "senior minerals industry professionals" to become non-executive directors. Anglesey will hold its AGM on September 30 but its results for the financial year that ended March 31 will be delayed by up to two months in order to complete the audit. Anglesey says it knows of no material issues with the accounts, and the delay is due to the difficulties caused by the Covid-19 pandemic.

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By Tom Waite; thomaslwaite@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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1 Jun 2022 10:23

IN BRIEF: Fuller, Smith & Turner refinances debt facilities

Fuller, Smith & Turner PLC - London-based pub and hotel company - Completes refinancing of its debt facilities of GBP192 million that were due to mature in February 2023. Its new debt facilities consist of a GBP90 million term loan and a GBP110 million revolving credit facility, provided by a syndicate of seven banks.

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4 Apr 2022 10:28

Berenberg lowers target price on Fuller, Smith & Turner

(Sharecast News) - Analysts at Berenberg lowered their target price on pub landlord Fuller, Smith & Turner from 1,000.0p to 850.0p on Monday but acknowledged that London's recovery was building steam.

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(Alliance News) - The following London-listed shares received analyst recommendations Monday morning:

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17 Mar 2022 14:16

EXECUTIVE CHANGES: Young's promotes new CEO; Centrica replaces Hester

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

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22 Feb 2022 13:27

IN BRIEF: Shepherd Neame hires Rank executive as new head of pubs

Shepherd Neame Ltd - Faversham, Kent-based brewer and pub chain - Hires Jonathon Swaine to be managing director for Pubs arm. Swaine joins from casino operator Rank Group PLC, where he is MD for Retail. Prior to Rank, Swaine was MD for Fuller's Inns, the largest division of Fuller, Smith & Turner PLC. Shepherd Neame says it will make a further announcement with the date when Swaine will join. Chief Executive Officer Jonathan Neame says Swaine is "an operator of considerable experience and is highly respected within the industry.

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27 Jan 2022 20:20

TRADING UPDATES: Fuller's knocked by Omicron; Wilmington lifts outlook

TRADING UPDATES: Fuller's knocked by Omicron; Wilmington lifts outlook

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27 Jan 2022 09:16

Fullers delivers 'steadily improving performance' since reopening estate

(Sharecast News) - Pub landlord Fuller, Smith & Turner said on Thursday that it had delivered a "steadily improving trading performance" since reopening its estate on 19 July 2021.

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4 Jan 2022 10:45

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LONDON BROKER RATINGS: Credit Suisse cuts Johnson Matthey to Neutral

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Fuller's resumes payouts as swings to interim profit

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18 Nov 2021 09:15

Fuller's returns to profit after full reopening of pubs and hotels

(Sharecast News) - Fuller, Smith & Turner reported first half revenue of £116.3m on Thursday, up from £45.6m year-on-year, as it swung to EBITDA earnings of £22.8m from losses of £3.7m.

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11 Nov 2021 15:51

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