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Pin to quick picksMarlowe Share News (MRL)

Share Price Information for Marlowe (MRL)

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Share Price: 508.00
Bid: 506.00
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Change: 8.00 (1.60%)
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Open: 505.00
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EXECUTIVE CHANGES: Marlowe Poaches From Fullers; RM Promotes To CEO

Fri, 26th Feb 2021 17:14

(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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Marlowe PLC - London-based safety and compliance services and software - Hires Adam Councell as chief financial officer. Councell is finance director of pub and hotel chain Fuller, Smith & Turner PLC. Fullers says that Councell will stay on the board as finance director until a successor has been found and that a search is underway. Marlowe says Councell will join in the second half of its 2022 financial year, meaning October 2021 to March 2022. Councell was CFO at document management company Restore PLC, where he worked with Marlowe Chief Executive Alex Dacre. Prior to that, he was with pest control firm Rentokil Initial PLC. At Marlowe, Councell will replace Mark Adams, who is retiring.

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RM PLC - Abingdon, England-based provider of technology and resources to education sector - Promotes CFO Neil Martin to CEO, replacing David Brooks from Monday. Martin has been RM's CFO for five years. Mark Berry, who was CFO of estate agent Foxtons PLC, will join as interim CFO early next month until a permanent successor is found.

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Danakali Ltd - developing Colluli sulphate of potash project in Eritrea - Non-Executive Chair Seamus Cornelius moves to executive chair, as the role of CEO Niels Wage is made redundant and board members take a 33% cut in fees. Danakali says the board size will be reduced at its annual general meeting in the second quarter. Cites the "ongoing serious disruption to international travel caused by the Covid-19 pandemic", saying the changes will reduce operating costs.

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Universe Group PLC - Southampton, Hampshire-based retail management, payment and loyalty systems - CEO Jeremy Lewis will leave on April 30 "to pursue other opportunities outside of the public markets", after seven years with Universe. Says in discussions for a successor. Non-Executive Chair Andrew Blazye moves to executive chair, effective immediately, while Ivan Brooks takes on the new position of chief operations officer on an interim basis.

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Schroder UK Public Private Trust PLC - formerly Woodford Patient Capital Trust, invests in both listed and private UK companies - Hires Tim Edwards as an independent non-executive director, effective immediately, with the intention that he will replace retiring Susan Searle as chair at the next annual general meeting. Edwards is a chartered accountant who is an independent non-executive director of currency manager Record PLC, among other roles.

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Tissue Regenix Group PLC - Leeds-based medical devices for regenerative medicine - Confirms Interim Non-Executive Chair Jonathan Glenn as permanent chair, effective immediately. Glenn joined Tissue Regenix at the start of 2016 and was made interim chair back in March of last year.

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Arix Bioscience PLC - venture capital investment in biotech firms - Hires James Noble and Axel Wieandt as non-executive directors, starting April 1. Noble is lead independent director of former London-listing GW Pharmaceuticals, chair of Stockholm-listed Orexo AG, and a director of Nasdaq-listed Adaptimmune Therapeutics PLC, where he previously was CEO. Wieandt worked at Morgan Stanley and then Deutsche Bank AG, where he was head of Corporate Development and global head of Corporate Investments. He also was CEO of Hypo Real Estate. Meanwhile, Mark Breuer steps down from the Arix board on April 1, and Arix promotes Giles Kerr to senior independent director, effective immediately.

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Emis Group PLC - healthcare software - Hires Jayaprakasa Rangaswami as independent non-executive director, starting on Monday. Rangaswami is currently a non-executive director of publisher Daily Mail & General Trust PLC and insurer Admiral Group PLC. As an executive, he was chief data officer and head of innovation at Deutsche Bank AG.

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Zambeef Products PLC - Lusaka, Zambia-based beef producer - David Osborne steps down as director on Sunday following his retirement from shareholder CDC Group PLC.

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By Tom Waite; thomaslwaite@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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Marlowe acquires three businesses in HR and employment law space

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26 Feb 2021 08:47

Fullers FD Adam Councell to step down, take up job at Marlowe

(Sharecast News) - Pub and hotels group Fuller, Smith & Turner said on Friday that Adam Councell plans to step down as finance director.

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18 Feb 2021 12:25

Berenberg raises target price on Marlowe following CMD

(Sharecast News) - Analysts at Berenberg raised their target price on security systems firm Marlowe from 660.0p to 900.0p on Thursday after the group announced "a set of highly ambitious growth targets" for next three years during its "impressive and informative" virtual capital markets day event.

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17 Feb 2021 12:13

TRADING UPDATES: Total Produce Merges With Dole; Ad Screens For Sports

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Marlowe trading strongly as it sets out new goals

(Sharecast News) - Business software and services company Marlowe said on Tuesday that trading in its second half remained "strong", with results for the year ending 31 March expected to be at the top end of current market expectations.

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4 Feb 2021 12:58

IN BRIEF: Marlowe Acquires Hadrian Technology For GBP3.8 Million

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4 Feb 2021 09:07

Marlowe acquires Hadrian Technology in £3.8m deal

(Sharecast News) - Business software and services company Marlowe has acquired Hadrian Technology (HTL), it announced on Thursday, for an expected enterprise value of £3.8m.

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7 Jan 2021 10:50

Marlowe Acquires Wastewater Treatment Firm WPL For GBP10 Million

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7 Jan 2021 08:52

Marlowe buys wastewater services firm WPL for £10m

(Sharecast News) - Safety and compliance software and services company Marlowe has acquired WPL for an enterprise value of £10m, it announced on Thursday.

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21 Dec 2020 13:35

IN BRIEF: Marlowe Buys DeltaNet International For GBP3.0 Million

IN BRIEF: Marlowe Buys DeltaNet International For GBP3.0 Million

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21 Dec 2020 08:45

Marlowe buys e-learning firm DeltaNet in £4.5m deal

(Sharecast News) - Business systems and software company Marlowe has acquired compliance and safety e-learning platform DeltaNet International, it announced on Monday, for initial consideration of £3m.

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