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EXECUTIVE CHANGES: Long-serving Hansard and Northbridge CEOs retire

Fri, 12th Mar 2021 15:39

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

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Hansard Global PLC - Isle of Man-based specialist long-term savings provider - Gordon Marr to retire by the end of 2021 after 8 years as chief executive officer and 30 years with the company. Has initiated a search for a new CEO. "I have decided to announce my retirement plans now, providing ample time to identify a successor and ensure a smooth transition," Marr says. "I am committed to leading the company in the meantime, as we remain resolutely focused on delivering a solid performance in 2021, while positioning the company for further success in the future."

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Northbridge Industrial Services PLC - Burton on Trent, England-based firm that hires and sells specialist industrial equipment - CEO & Founder Eric Hook will step down from the board on March 31 after 15 years in post but remain as an advisor and significant shareholder. Chair Peter Harris will become executive chair with the directors of Northbridge's two divisions - Chris Caldwell of Crestchic and Ian Gardner of Tasman - reporting to him. Additionally Caldwell will be promoted to the board. Non-Executive Director Stephen Yapp is promoted to senior independent director, while Ash Mehta will step down as non-executive director.

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ReNeuron Group PLC - Bridgend, Wales-headquartered cell-based therapeutics - Chief Financial Officer Michael Hung resigns on Thursday "in order to pursue other projects", having joined the board in early 2001. Hung will remain until the end of May, and ReNeuron have started a search for his replacement.

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Anpario PLC - Nottinghamshire-based sustainable animal feed additives - Hires Ian Hamilton as non-executive director, starting April 1. Hamilton was in the founding management team of poultry breeding business Aviagen. He currently is non-executive chair of Horizon Proteins Ltd, which provides sustainable proteins for aquaculture recycled from the whiskey-making process, and of Biotangents Ltd, a veterinary diagnostics business.

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Gooch & Housego PLC - Ilminster, Somerset-based maker of optical components - Hires Jim Haynes as non-executive director, starting Friday. Haynes was executive vice president of operations at US optical components firm Oclaro Inc, which was bought by Lumentum Holdings Inc at the end of 2018.

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Universe Group PLC - Southampton, Hampshire-based retail management, payment and loyalty systems - Hires Neil Radley as CEO, joining Universe Group on May 1. Most recently, Radley led Jaja Finance Ltd, a fintech lending firm. He also has worked at Barclaycard, HBOS PLC and Bank One International. Radley replaces Jeremy Lewis, who the company last month said will leave on April 30 "to pursue other opportunities outside of the public markets", after seven years with Universe.

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By Tom Waite; thomaslwaite@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

More News
30 May 2014 13:44

DIRECTOR DEALINGS: Hansard Global Non-Executive Chairman Buys Shares

LONDON (Alliance News) - Hansard Global PLC said Friday that non-executive Chairman Leonard Polonsky bought 2 million shares at 90 pence Thursday, a total value of GBP1.8 million. Following this transaction Polonsky's total interest in the life assurance and financial advisors is 41.34%.Read more

6 May 2014 10:36

STOCKS NEWS EUROPE-UK small caps inch higher, Hansard slips

The FTSE small cap index gains 0.06 percent, slightly outperforming junior-listed AIM shares and the FTSE 100, down 0.26 percent and 0.16 percent respectively. The mid-caps are flat. Hansard Global falls more than 13 percent after the specialist long-term savings provider issues its interim

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6 May 2014 09:59

Hansard Global New Business Drops; Notes "Weaknesses" In Procedures

LONDON (Alliance News) - Hansard Global PLC Tuesday said third-quarter new business premiums decreased, as anticipated by 71%, owing to the previously announced suspension of activities with a large distributor in Japan, and it said it is exposed to "weaknesses" in its procedures identified in th

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6 May 2014 09:30

Hansard Global warns of one-off charge from procedural 'weakness'

Savings and investments group Hansard Global warned profits would be hit by an issue in its charging procedures and that new business wins had fallen badly as flagged. Hansard brought forward its quarterly statement after it identified weaknesses in its procedures in relation to Chargeable Events c

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6 May 2014 08:44

Tuesday broker round-up UPDATE

Antofagasta: RBC Capital upgrades to buy with a target price of 900p. Barclays: Numis downgrades from add to hold with a target price of 280p. BG Group: Goldman Sachs ups target price from 1500p to 1530p and retains a strong buy recommendation. Britvic: Numis raises target price to 684p and keeps

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14 Mar 2014 17:13

DIRECTOR DEALINGS: Hansard Global Chairman Gifts 2,000 Shares

LONDON (Alliance News) - Hansard Global PLC Friday said Non-Executive Chairman Leonard Polonsky gave away 2,000 shares, and now has a total shareholding of 54.8 million shares Hansard Global shares closed untraded at 98.00 pence Friday. By Arvind Bhunjun; arvindbhunjun@alliancenews.co

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6 Mar 2014 13:52

Crystal Amber Fund Expects Progress In 2014 After Half-Year Growth

LONDON (Alliance News) - Crystal Amber Fund Ltd Thursday said it expects progress in 2014, after reporting growth in its net asset value over the first six months of its financial year. Reporting on the six months to December 31, 2013, Crystal Capital said net asset value grew to 156.1 penc

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27 Feb 2014 13:57

Hansard Global Pretax Profits Rise; New Chairman Appointed Ahead Of Strategy Update

LONDON (Alliance News) - Hansard Global PLC Thursday said its half-yearly pretax profits rose by 8.1% as it took in higher fees and commissions and the costs of administration declined, while Chairman Leonard Polonsky is set to stand down and become president of the board instead. Senior in

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27 Jan 2014 10:10

UK BROKER RATING CHANGES: Goldman, Barclays Call Big Yellow Conviction Buy

LONDON (Alliance News) - The following UK shares received analyst recommendations Monday morning:
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FTSE 100
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BARCLAYS RAISES LONDON STOCK EXCHANGE PRICE TARGET TO 2200 (1800) PENCE - 'OVERWEIGHT'
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NUMIS RAISES LONDON

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27 Jan 2014 09:41

STOCKS NEWS EUROPE-UK small caps down 0.8 pct in morning trade

The FTSE small-cap index drops 0.8 percent in morning trade and junior-listed AIM shares fall 0.9 percent, broadly in line with the falls on the mid caps and the blue chips. Hansard Global falls 10.5 percent, leading the small-cap decliners, after the specialist long-term savings provider s

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27 Jan 2014 09:33

Hansard Global Says New Business Falls By 24% In First Half

LONDON (Alliance News) - Long-term savings provider Hansard Global PLC Monday said its first-half business sales declined by almost a quarter after a large distributor stopped new business production. Hansard Global was the second biggest loser on the FTSE All Share Monday morning, as its s

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27 Jan 2014 09:30

Monday broker round-up UPDATE

Aberdeen Asset Management: Espirito Santo cuts target price from 573p to 514p and keeps a buy recommendation. Morgan Stanley reduces target price from 492p to 393p and stays with its equal-weight rating. Amino Technologies: N+1 Singer shifts target price from 89p to 93p and reiterates a hold recomm

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8 Nov 2013 11:41

Hansard Global says second quarter likely to be below last year

Shares in specialist long-term savings provider Hansard Global fell after it warned that second quarter results were likely to be below last year's level. The group, which provides life insurance wrapped products to independent financial advisers and their clients, blamed the disappointing news on

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8 Nov 2013 11:04

Hansard Global Says Second Quarter Likely To Be Below Last Year

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26 Sep 2013 14:06

Hansard Profits Down After Litigation Settlement Slows Progress

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