(Alliance News) - Alliance Pharma PLC said on Monday founder & former chief executive John Dawson decided to step down from the board.
Dawson, who was a non-executive director at the healthcare group, resigned effective on Sunday.
Dawson said: "The company is in good hands with a strong board following the planned board changes over the past 12 months. As such, and in light of the fact that I will soon be participating in the 2019/20 Clipper Round the World Ocean Yacht Race, I have decided that it is time to move on. I would like to wish all at Alliance continued success in driving the company forward."
Shares in Alliance Pharma were down 2.7% at 66.20 pence on Monday in London.
Alliance Pharma (APH)