EXECUTIVE CHANGES: Lookers extends interim CFO and outgoing chair

Mon, 07th Jun 2021 14:44

(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:

----------

Lookers PLC - Altrincham, Cheshire-based motor retail and aftersales service provider - Continues to search for a successor to Phil White as chair. Therefore, White has agreed to continue as chair past the annual general meeting called for June 30. Lookers also extends the contract of Interim Chief Financial Officer Anna Bielby to the end of July. Bielby had joined Lookers in January for a six-month term. Lookers has not yet released its 2020 results. It said last week it will publish these in the second half of June. On Monday, Lookers said it will call a general meeting separate from that AGM to review the annual results. In March, the Financial Reporting Council opened an investigation into the 2017 and 2018 audits of the company's accounts by accountancy firm Deloitte. The UK Financial Conduct Authority previously had looked into allegations of fraud and black holes in Lookers' accounts but dropped the case in March. The FCA said there were "concerns" over the "historic culture, systems and control" but did not censure the company.

----------

Aberdeen Smaller Companies Income Trust PLC - invests in UK small-cap stocks - Hires Christopher Metcalfe as independent non-executive director, replacing Barry Rose, who is retiring from the board, both immediately. Metcalfe has worked as an investment manager at Newton Investment Management, Schroder Investment Management and Henderson Administration Group. He currently is a non-executive director of Martin Currie Global Portfolio Trust PLC and JPMorgan US Smaller Companies Investment Trust PLC.

----------

Checkit PLC - Cambridge-based workflow management software provider - Hires Simon Greenman as non-executive director. Greenman is a technology consultant specialising in artificial intelligence. He co-founded online mapping service MapQuest.com.

----------

Aberdeen Diversified Income & Growth Trust PLC - invests across asset classes aiming for reliable income and growth - Julian Sinclair retires as director from the past Friday, due to "a significant change in his executive responsibilities". Tim Challenor is promoted to senior independent director.

----------

By Tom Waite; thomaslwaite@alliancenews.com