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EXECUTIVE CHANGES: Hunter Eleco's Permanent CEO; 600 Group CFO Leaves

Wed, 10th Feb 2021 15:25

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

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Eleco PLC - construction software firm - Says Jonathan Hunter, who took on the role of interim chief executive back in September, has been appointed CEO on a permanent basis. Hunter was appointed to the board in June 2016, having held a number of senior management positions within Eleco since joining in 2010. He was appointed COO in 2017 prior to his appointment as interim CEO.

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600 Group PLC - West Yorkshire, England-based manufacturer and distributor of machine tools, precision engineered components and industrial laser systems - Says Chief Financial Officer Mitch Krasny steps down as a director with immediate effect by mutual agreement. A formal process to identify a successor has been initiated.

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GCP Infrastructure Investments Ltd - focuses primarily on investments in UK infrastructure debt - Says that, following conclusion of Wednesday's annual general meeting, Non-Executive Director David Pirouet has retired. Company appoints Steven Wilderspin, effective Wednesday. Wilderspin is currently a non-executive director at Blackstone Loan Financing Ltd and HarbourVest Global Private Equity Ltd.

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Mineral & Financial Investments Ltd - Cayman Islands-based investment company specialising in junior mining companies - Adds Mark Brown, president of Pacific Opportunity Capital Ltd, to the board as chair. Jacques Vaillancourt will assume the role of president, chief executive & director of the company.

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W Resources PLC - tungsten, tin and gold mining company - Says Non-Executive Director Oscar Marin Garcia will step down from the board on Friday to focus on increased commitments in his business. The search for a new non-executive is underway. Garcia says: "Whilst my current commitments mean I am unable to remain on the board of directors, I remain a strong advocate of W Resources and its operations in Spain and I intend to retain my beneficial shareholding in the company."

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Nuformix PLC - pharmaceutical development firm based in London - Says Chris Blackwell has resigned as non-executive chair and director of the company with immediate effect "due to personal reasons that require his immediate attention". A process to appoint a new chair will start immediately.

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Smith & Nephew PLC - medical devices manufacturer - Appoints John Ma as a non-executive director. Since 2019, he has served as chief executive & chair of Ronovo Surgical, a start-up soft tissue surgical robotics business he founded. "We are delighted to have secured a Board colleague with John's track record growing medical device businesses across China and the wider region," says Smith & Nephew Chair Roberto Quarta.

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Ground Rents Income Fund PLC - real estate investment trust - Appoints Barry Gilbertson as a non-executive director, effective Wednesday. He was recently appointed as executive chair of Custodian Capital Ltd, a subsidiary of Mattioli Woods PLC, in January. Adds that Malcolm Naish has informed the board he intends to retire as chair and a non-executive director at the company's next annual general meeting. It is intended Gilbertson will success Naish on his retirement.

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Atalaya Mining PLC - Cyprus-based copper producer - Appoints Neil Gregson, who has over 30 years' experience of investing in mining and oil and gas companies, as a non-executive director. From 2010 to 2020 he was a Managing Director at JP Morgan Asset Management where, as a member of the equity team, he was a portfolio manager investing in mining and energy companies globally.

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By Lucy Heming; lucyheming@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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Copyright 2022 Alliance News Limited. All Rights Reserved.

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IN BRIEF: 600 Group shares lifted on Machine Tools sale completion

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