LONDON (Alliance News) - IP Group PLC on Wednesday said its chairman is to step down, but will stay in the position until a successor is appointed.
Bruce Smith joined the board of the FTSE 250 intellectual property company in September 2002 and has served as non-executive chairman since it floated on the stock market in 2003.
"Bruce has made an outstanding contribution to the Company over the last twelve years. On behalf of the Board and all of the Company's staff, I would like to thank Bruce for his wise counsel over the years and to wish him well in his retirement," said IP Group Chief Executive Alan Aubrey.
By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance
Copyright 2014 Alliance News Limited. All Rights Reserved.


(Alliance News) - IP Group PLC on Tuesday announced that portfolio company Istesso has commenced dosing for the IST-03 trial of leramistat in sarcopen...


(Sharecast News) - Science and technology investment firm IP Group said on Tuesday that portfolio company Istesso has begun dosing patients in a Phase...


(Alliance News) - IP Group PLC on Tuesday announced that portfolio company Istesso has commenced dosing for the IST-03 trial of leramistat in sarcopen...


(Sharecast News) - Science and technology investment firm IP Group said on Tuesday that portfolio company Istesso has begun dosing patients in a Phase...


(Alliance News) - The following are the leading risers and fallers among FTSE 100 and 250 index constituents on Wednesday.


(Alliance News) - IP Group PLC on Monday noted positive test results for a cystic fibrosis treatment developed by one of its portfolio firms.


IP Group PLC - London-based investor in "breakthrough" science and technology firms - Appoints Michael Queen as chair designate, and as a non-executi...


(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and on Tuesday:


(Alliance News) - IP Group PLC on Tuesday highlighted a successful acquisition by portfolio holding Pfizer Inc, as the investor in science and technol...