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LONDON (Alliance News) - Gulf Marine Services PLC's new chief financial officer, Stuart Jackson, will no longer be taking up his role, the firm said Thursday.
Jackson, whose appointment was announced mid-February, was meant to join in July.
However, due to family health reasons, he will not be taking up his post. Gulf Marine has restarted the search for a new CFO.
Current CFO John Brown will remain in his post until May 28.
Shares were 6.7% lower on Thursday morning at a price of 12.60 pence each.