Vivo Energy PLC - UK-based seller of fuels and lubricants under Shell PLC and Engen brands in 23 African countries - Doug Lafferty will step down from the board on April 30 following his resignation as chief financial officer on January 14. The search for a new CFO is underway. As part of an orderly succession process, Jan-Timo Rebisch, group controller, and Issam Sadiq, group treasurer, will lead the finance function on an interim basis until a new finance chief is appointed. Rebisch and Sadiq will not be appointed executive directors of the company. Lafferty will take up the position of chief financial officer at Aston Martin Lagonda Group Holdings PLC.
Current Johannesburg stock price: ZAR27.17, unchanged
12-month change: up 42%
Current London stock price: 137.06 pence
12-month change: up 48%
By Artwell Dlamini; artwelldlamini@alliancenews.com
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