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EXECUTIVE CHANGES: TP's interim CEO; National Grid taps Meggitt chief

Tue, 06th Jul 2021 14:52

(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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TP Group PLC - Hampshire, England-based consulting, software and engineering company - Hires David Lindsay as interim chief executive officer, replacing Phil Cartmell, who stepped down at the end of last month. TP notes that Lindsay has held a number of CEO and chief financial officer roles, including as acting CEO of Industrial Control Services PLC, a services provider to the energy industry, and most recently CFO of EDM Group Ltd, which was acquired by document management firm Restore PLC in April. Lindsay joins as interim CEO immediately and will join the board once an on-boarding process is complete.

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National Grid PLC - London-based electricity and gas network operator - Hires Meggitt PLC Chief Executive Tony Wood as non-executive director, starting September 1. Also hires Martha Wyrsch as non-executive director. National Grid, which has operations in both the US and UK, notes that Wyrsch has worked across a range of energy businesses in the US, including helping to develop the business of Vestas Wind Systems AS there.

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Arix Bioscience PLC - venture capital focused on biotech firms - Says Marck Chin rejoins investment team as managing director, effective immediately. New York-based Chin was investment director at Arix from 2016 to 2020. He replaces Christian Schetter as MD, with Schetter leaving on August 31. John Cassidy, a principal, also will leave, though on July 31. Finance Director Marcus Karia will leave later in the year "to pursue other opportunities", having served for five years, but will continue until a successor is found. "The board will work closely with Mark Chin to rebuild the company's investment team, adding new talent to deploy investment capital and manage the company's existing portfolio" Arix says.

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Bakkavor Group PLC - London-based fresh prepared food - Hires Sanjeevan Bala as independent non-executive director, starting August 1. Bala is chief data & AI officer at television broadcaster ITV PLC.

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By Tom Waite; thomaslwaite@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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IN BRIEF: Restore activity levels continuing to progressively recover

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27 May 2021 13:47

Restore trading continues 'progressive' recovery

(Sharecast News) - Information and data management company Restore said on Wednesday that trading for the four months to 30 April was in line with the board's expectations, with activity levels continuing to "progressively" recover.

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20 May 2021 16:07

UK shareholder meetings calendar - next 7 days

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5 May 2021 13:43

Wednesday broker round-up

(Sharecast News) - Lloyds Banking Group: RBC Capital Markets reiterates outperform with a target price of 5,100p.

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30 Apr 2021 17:35

IN BRIEF: Restore raises GBP40 million for debt reduction

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TRADING UPDATES: Henry Boot gets planning boost; Beximco sales jump

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Restore to acquire Rainbow HoldCo for £61.0m

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20 Apr 2021 14:10

IN BRIEF: Restore acquires records management business 1 Big Data

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20 Apr 2021 10:02

Restore acquires Essex-based 1 Big Data

(Sharecast News) - Information and data management company Restore has acquired records management provider Big Data Management, it announced on Tuesday, which trades as '1 Big Data' and is based in Tilbury, Essex.

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18 Mar 2021 13:15

TRADING UPDATES: Gym Group turns to loss; eve Sleep starts 2021 well

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18 Mar 2021 11:15

Restore confident in outlook after second half recovery

(Sharecast News) - Information and document management company Restore reported a 15% fall in revenue from continuing operations in its full-year results on Thursday, to £182.7m, which it said reflected the impact of the Covid-19 pandemic, primarily in the second quarter.

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11 Mar 2021 16:13

UK earnings, trading statements calendar - next 7 days

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8 Mar 2021 12:04

IN BRIEF: Restore buys Apple products recycling business Bookyard

IN BRIEF: Restore buys Apple products recycling business Bookyard

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8 Mar 2021 09:02

Restore acquires Liverpool-based Apple recycling and spare parts business

(Sharecast News) - Support services firm Restore said on Monday that it had acquired the Bookyard, a leading Apple recycling and spare parts business based in Liverpool, for an undisclosed sum.

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EXECUTIVE CHANGES: Marlowe Poaches From Fullers; RM Promotes To CEO

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