(Alliance News) - The following is a round-up of London-listed company director and manager changes announced on Monday and not separately reported by Alliance News:
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Scapa Group PLC - healthcare and industrial design - Hires John Petreanu as president of Healthcare, replacing Joe Doherty, from Monday. Petreanu most recently was vice president of operations for Viant Medical, a service provider to medical device makers, having previously been chief operating officer for Scapa Healthcare. Meanwhile, Scapa Chief Executive Heejae Chae will take on the additional role of president of Industrial, replacing Sevan Demirdogen. Both Doherty and Demirdogen resign "to pursue other business opportunities". Additionally, Chae volunteers for a 20% cut in basic salary during the Covid-19 crisis. Scapa expects to report underlying trading profit for the financial year that ended March 31 in line with the guidance it provided back in February.
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Attraqt Group PLC - online retail software - Hires Mark Adams as CEO, joining on June 22 from BigCommerce, an e-commerce platform provider. Current CEO Luke McKeever will move to non-executive director at that time and Nick Habgood will move back to non-executive chair from interim executive chair. Attraqt was named a BigCommerce Technology Partner back in February, and the two companies have a number of joint customers and pipeline prospects.
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Red Rock Resources PLC - gold, manganese and mineral development - Scott Kaintz moves from chief operating officer and chief financial officer to non-executive director, effective from Friday last week, due to becoming chief executive officer of Regency Mines PLC. Red Rock said Kaintz will remain in the non-executive role to provide a transition once a new CFO is found.
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Clipper Logistics PLC - e-fulfilment and returns management - Promotes COO Stefan Van-Hoof to deputy CEO, reporting to CEO Tony Mannix, effective immediately. Van-Hoof joined Clipper in 2016 and previously was managing director of its European business. Martin O'Grady is promoted to COO to replace Van-Hoof from senior operations director.
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Target Healthcare REIT PLC - investor in care homes - Alison Fyfe hired as independent non-executive director, effective from Friday last week. Fyfe worked for Royal Bank of Scotland Group PLC for 19 years, ending as head of real estate restructuring in Scotland in 2015.
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Motif Bio PLC - AIM cash shell - Graham Lumsden steps down as CEO to become non-executive director, while CFO Jonathan Gold adds the role of president & chief business officer. Bruce Williams remains chair, and Chris Wardhaugh is added as non-executive director. Wardhaugh is chief business officer of MGB Biopharma Ltd and is founder of Sercader Ltd, a life sciences advisory firm. Williams said Wardhaugh's transactional experience will be useful as Motif Bio looks for a reverse takeover candidate, which it must do by July 28 or have its shares suspended from trading on AIM. The company said it has GBP230,000, giving it a cash runway into June.
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Big Yellow Group PLC - storage space provider - Hires Laela Tabrizi as non-executive director from July 1. Tabrizi is CFO of MotorK, which provides digital solutions for automotive sales and marketing. Georgina Harvey to step down as non-executive director after seven years at upcoming annual general meeting, normally held in July. Last month Big Yellow raised GBP81.9 million in a share placing.
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Trident Resources PLC - mining royalty and streaming - Hires Al Gourley as non-executive director. Gourley is the London managing partner of law firm Fasken Martineau and has been director of several Toronto and London listed mining and mineral exploration companies.
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By Tom Waite; thomaslwaite@alliancenews.com
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