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Share Price: 147.00
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Change: -10.00 (-6.37%)
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EXECUTIVE CHANGES: IDE CFO departs; Griffin hires former Dignity chair

Thu, 12th Aug 2021 12:58

(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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IDE Group Holdings PLC - Edinburgh-based network, cloud and IT managed services - Chief Financial Officer David Templeman resigns immediately, with no reason provided by company. Templeman had only joined IDE in April. He had been CFO of Orbian, a provider of supply chain finance originally set up as a joint venture between Citigroup Inc and SAP SE. IDE says it will recruit another CFO "in due course". IDE's annual general meeting is coming up on August 23. IDE shares are down 15% on Thursday at midday in London.

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B&M European Value Retail SA - Luxembourg-based food and homewares retailer - Hires Paula MacKenzie as non-executive director, starting November 9. MacKenzie was managing director for fast-food chain Kentucky Fried Chicken in the UK and Ireland and before that CFO for the region. She also has worked for drug maker GlaxoSmithKline PLC and distiller Diageo PLC.

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Norman Broadbent PLC - London-based recruitment - Angela Hickmore moves to non-executive director, starting Thursday. Hickmore currently is the company's managing director, having joined Norman Broadbent in 2016. The company is looking for a new chief executive officer, and once one is found, Hickmore will hand over her executive responsibilities, it explains. Last month, Mike Brennan resigned as CEO after five years at the company. Peter Searle remains executive chair.

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Griffin Mining Ltd - operator of the Caijiaying zinc-gold mine in China - Appoints Clive Whiley as senior independent director. Notes Whiley has more than 35 years experience as an executive and as a non-executive director, including business experience in China. Whiley was chair of funeral services provider Dignity PLC until ousted in a general meeting vote in April called by major shareholder Phoenix Asset Management Partners.

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Eleco PLC - London-based construction software - Executive Chair Serena Lang will return to non-executive chair role in September. Kevin Craig and David Dannhauser both will step down from the board at the end of August, while Anders Karlsson will step down as an executive director but remain managing director for Nordics. Eleco hires two new independent non-executive directors. Annette Nabavi joins the board immediately. Nabavi, who will replace Craig as senior independent director, was a non-executive director of AIM-listed cloud services firm Maintel Holdings PLC. She is managing director of Anchusa Consulting and partner at AHV Associates, advising on corporate finance in both roles. Mark Castle joins on September 20. Castle is a non-executive director of Mace Group and previously was the construction and facilities management firm's chief operating officer.

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By Tom Waite; thomaslwaite@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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