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EXECUTIVE CHANGES: Former Standard Life, Lloyd's CFO to be Numis chair

Tue, 10th Aug 2021 14:29

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

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Numis Corp PLC - London-based stockbroker and investment bank - Promotes Non-Executive Director Luke Savage to chair, replacing Alan Carruthers at the February 2022 annual general meeting. Savage is the former chief financial office of insurer and asset manager Standard Life PLC, now known as abrdn PLC, and of insurance marketplace Lloyd's of London Corp. He currently is non-executive chair of pensions provider Chesnara PLC and a non-executive director of law firm DWF Group PLC. Outgoing chair Carruthers has been in post since early 2017.

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Science Group PLC - Cambridge, England-based science-led services and product development - Confirms earlier plan to appoint Financial Controller Jon Brett as acting finance director and to the board. Brett, an accountant, joined Science Group in March of last year. Science Group had said in July that Chief Financial Officer Sameet Vohra would resign from the board at the end of that month and leave the company at the end of September. Science Group separately on Tuesday said it wrote to TP Group PLC on Monday to encourage the consulting, software and engineering company to consider accepting a strategic investment or potential merger.

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RUA Life Sciences PLC - Glasgow-based medical devices using polymer technology and formerly known as AorTech International - Promotes Chief Operating Officer Caroline Stretton to managing director from the annual general meeting on August 31. Stretton's promotion comes as David Richmond plans to retire as chief executive officer at the same time. Richmond was founder of RUA Medical Devices, which was acquired in April last year, and then became group CEO. Stretton was recruited by RUA Medical in 2018 to be CEO and became group COO after the acquisition. Matthew Litton, currently chief technical officer of RUA Medical is promoted to group director for Research & Development, a new non-board role, and RUA also is seeking to fill a new role of head of Clinical & Regulatory Affairs, as well as the role of CFO.

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4imprint Group PLC - London-based direct marketer of promotional merchandise - Hires Lindsay Beardsell and Jaz Rabadia as independent non-executive directors, starting September 1. Beardsell is general counsel for food ingredients maker Tate & Lyle PLC, and Rabadia is director of Energy, Sustainability & Social Impact at flexible office space provider WeWork, and previously worked at coffee shop chain Starbucks Corp and grocer J Sainsbury PLC.

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Murray International Trust PLC - global equities investment managed by Aberdeen Standard - Chair Simon Fraser dies on Monday after short illness, having served on the board since May of last year and as chair since April of this year. Senior Independent Director David Hardie will be interim chair, and Non-Executive Director Alexandra Mackesy will be senior independent director. Fraser also was a non-executive director of Impax Environmental Markets PLC.

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Love Hemp Group PLC - London-based cannabidiol products supplier - Hires James Ward as non-executive director, replacing Kevin Ernest, both immediately. Love Hemp notes Ward is an accountant who sold his professional services business Whale Rock to Capita PLC in 2012.

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By Tom Waite; thomaslwaite@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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Numis Holds Annual Payout Amid Lower Profit On Increased Investment

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Staff costs push profits lower at Numis

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LONDON (Alliance News) - Numis Corp PLC on Friday said it expects its profit for the year ending September to be lower than the previous year due staff costs being "materially" in Numis

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