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Midatech Chair Rolf Stahel retires; Stephen Parker named as successor

Fri, 10th Jun 2022 11:19

(Alliance News) - Midatech Pharma PLC on Friday said that Chair Rolf Stahel plans to leave the board on June 20, and it named Stephen Parker as his successor.

The research & development biotechnology company said that Stahel intends to retire after seven years.

Midatech added that it will plans to appoint Parker as Stahel's successor, following its annual general meeting on June 20.

Parker is currently chair of fellow AIM listing Sareum Holdings PLC and a non-executive director of London Main Market-listed MGC Pharmaceuticals Ltd.

Chief Executive & Chief Financial Officer Stephen Stamp said: "Parker's broad experience both as an executive in, and senior adviser to, the industry will be invaluable to Midatech in the next stage of the company's evolution."

Shares in Midatech were up 1.0% to 10.10 pence in London on Friday morning.

By Sophie Rose; sophierose@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

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Comments and questions to newsroom@alliancenews.com
  
A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

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29 Feb 2024 17:00

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IN BRIEF: MGC Pharmaceuticals proposes name change to Argent Biopharma

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23 Nov 2023 15:53

UK shareholder meetings calendar - next 7 days

Friday 24 November 
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Copyright 2023 Alliance News Ltd. All Rights Reserved.

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29 Sep 2023 12:26

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Copyright 2023 Alliance News Ltd. All Rights Reserved.

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