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Pin to quick picksFiltronic Share News (FTC)

Share Price Information for Filtronic (FTC)

London Stock Exchange
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Share Price: 98.00
Bid: 97.00
Ask: 98.00
Change: 0.00 (0.00%)
Spread: 1.00 (1.031%)
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EXECUTIVE CHANGES: Filtronic appoints Nathaniel Edington as CEO

Tue, 02nd Apr 2024 12:26

(Alliance News) - The following is a round-up of executive changes by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

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Baron Oil PLC - London-based oil and gas exploration company - Former chief executive officer Andy Yeo has stepped down from the board on Monday after the company transitions to Andy Butler as its new CEO. Further, company notes progress in appointing a new chair.

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Beacon Energy PLC - oil and gas company - Promotes Chief Financial Officer Stewart MacDonald to chief executive officer from June 1, the day current CEO Larry Bottomley intends to retire from his role. Bottomley has been CEO since the start of 2022 and will continue to support the company as a non-executive director. The company adds that its search for a chief operating officer to support the technical and operational workstreams in the executive team will start soon. Company adds that the rig mobilisation regarding the upcoming SCHB-2 sidetrack operation is on track with the rig due to arrive in location in mid-April with the sidetrack operation set to start the following week.

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DSW Capital PLC - Warrington, England-based financial advisory that provides advisory services in areas such as corporate finance and due diligence - Promotes Business Development & Operations Director Peter Fendall to chief operating officer. He joined the company in September 2021 and helped facilitate the initial public offering. Further, DSW appoints him as interim chief financial officer from May 17, replacing Nicole Burstow, the current CFO and deputy chief executive officer who is leaving the company.

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Filtronic PLC - Sedgefield, England-based designer and manufacturer of products and sub-systems for the aerospace, defence, telecoms infrastructure, space, and critical communications markets - Appoints Nathaniel Edington as CEO from May 13, replacing outgoing CEO Richard Gibbs, who will retire from his role that day but continue to support the company until November. Incoming CEO Edington has held executive leadership positions at Austria-based semiconductor firm AMS AG and former semiconductor firm Wolfson Microelectronics PLC, which was bought by Austin, Texas-based Cirrus Logic Inc in 2014. "Nat has considerable knowledge and experience of the sector and the markets in which Filtronic operate and has demonstrated excellent leadership qualities aligned with Filtronic's people-focused culture, and drive for growth," Filtronic says.

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Genel Energy PLC - oil and gas exploration and production company, formerly focused on exports to the Kurdistan region - Deputy Chair Michael Fallon indicates intention to retire from the company's board at the annual general meeting next month.

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Naked Wines PLC - Norwich-based online wine seller - Appoints Rodrigo Maza as chief executive officer, effective Tuesday, which is also the first day of the company's financial year 2025, as Rowan Gormley returns to his previous role as non-executive chair. Further, Naked Wines appoints Paul Calandrella as general manager of Naked Wines USA from mid-April.

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Strix Group PLC - Isle of Man-based provider of kettle safety controls - Confirms that Chief Financial Officer Clare Foster has joined the board on Tuesday.

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By Tom Budszus, Alliance News slot editor

Comments and questions to newsroom@alliancenews.com

Copyright 2024 Alliance News Ltd. All Rights Reserved.

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AIM WINNERS & LOSERS: Filtronic wins SpaceX deal; Dekel rises

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Filtronic secures 'significant new contract' with SpaceX

(Sharecast News) - Shares in aerospace products manufacturer Filtronic rallied to a 52-week high early on Monday after announcing a "significant new contract" win with SpaceX.

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10 Feb 2025 08:56

Filtronic to beat market expectations as signs contract with SpaceX

(Alliance News) - Filtronic PLC on Monday said it landed a "significant new contract win" with SpaceX.

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LONDON BRIEFING: Johnson Matthey names new CFO; Filtronic-SpaceX deal

(Alliance News) - London's FTSE 100 is called to open slightly higher at the start of the week, despite US tariff worries coming to the fore again.

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Filtronic swings to half-year profit amid SpaceX order boost

(Alliance News) - Filtronic PLC on Tuesday said it swung to profit in the first half of its current financial year, driven by "strong" order intake from SpaceX.

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Filtronic reports sharp increase in revenue, profits

(Sharecast News) - Filtronic reported a sharp increase in revenue and profitability for the six months ended 30 November on Tuesday, driven by strong order inflow and expanded manufacturing capacity.

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13 Jan 2025 10:46

IN BRIEF: Filtronic trading ahead of upgraded market expectations

Filtronic PLC - Sedgefield, England-based designer and manufacturer of products for the aerospace, defence, space and telecoms infrastructure markets - Notes order intake for delivery in the current financial year ending May 31 is at a higher rate than expected. The company anticipates to deliver stronger annual results than the recently upgraded market expectations.

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Filtronic set to end year ahead of market forecasts

(Sharecast News) - Filtronic, a designer and manufacturer of advanced products for the aerospace, defence, space, and telecoms infrastructure markets, announced on Monday that its order intake for the current financial year had exceeded expectations.

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IN BRIEF: Filtronic names Antonino Spatola as chief commercial officer

Filtronic PLC - Sedgefield, England-based manufacturer of aerospace, defence and telecoms infrastructure product - Appoints Antonino Spatola as new chief commercial officer. The company says he will focus on "driving growth and expanding market presence". Spatola previously held senior roles at Teledyne E2V and Leonardo Spa.

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