Marks Electric Share News (MRK)

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

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Marks Electrical Group PLC - Leicester, England-based electrical products retailer founded in 1987 by Mark Smithson - Hires Darren Bowkett to be board chair, as Marnie Millard decides to leave the board at the end of December. Bowkett, who starts on January 2, is strategic partners director at Ibstock Brick, part of Ibstock PLC. Millard has been chair since 2021, when Marks listed on AIM.

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Jadestone Energy PLC - upstream production and development in Asia-Pacific - Extends Adel Chaouch's term as executive chair. Chaouch took on the role in December 2024 and now is expected to revert to non-executive chair no later than December 2026. This follows the recruitment of T Mitch Little as chief executive officer this past June. Little is responsible for day-to-day leadership of the company, while Chaouch is "focused on strategic initiatives to unlock and communicate the company's underlying value", Jadestone says.

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Man Group PLC - London-based investment manager in public and private markets - Promotes Laurie Fitch to senior independent director, succeeding Richard Berliand in the first quarter of next year, when Berliand will leave the board. Fitch joined the board in June 2023. Berliand had been scheduled to leave in the fourth quarter of this year but is delaying his departure, as Fitch has developed an illness from which she is expected to recover in the coming months, Man Group says.

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Ceiba Investments Ltd - invests in the commercial and tourism real estate sectors in Cuba - Promotes Crispin Latymer to senior independent director from Thursday. Latymer joined the board in September. Keith Corbin, the previous SID, left the board at Ceiba's annual general meeting in July.

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Neo Energy Metals PLC - uranium and gold projects in South Africa - Hires De Wet Schutte to be chief financial officer and executive board member, starting on Friday. Schutte is based in South Africa and has more than 30 years experience in mining and finance, Neo Energy Metals says. Executive roles included CFO for Mauritius-based Meridian Africa and executive for new business at Harmony Gold Mining Co Ltd. Neo Energy Metals also releases its delayed financial results for the financial year that ended September 30, 2024 and half year that ended March 31, 2025. The company records a GBP6.8 million pretax loss in financial 2024, mostly due to a reverse acquisition expense of GBP6.1 million. In the first half of financial 2025, it has a pretax loss of GBP3.8 million. Neo Energy Metals has no revenue in either period.

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Celtic PLC - Glasgow, Scotland-based football club - Hires Wilfred Nancy to be first team manager, starting on Thursday. Since the resignation of Brendan Rodgers back in October, former manager Martin O'Neill and former Celtic player Shaun Maloney had been managing on an interim basis. Nancy is a French footballer who recently managed Columbus Crew, a Major League Soccer team in the US.

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By Tom Waite, Alliance News editor

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