LONDON (Alliance News) - Highlands Natural Resources PLC said Tuesday it has appointed Nick Tulloch as finance director with effect from the second quarter of 2019.
Tulloch will be replacing Melvyn Davies, who will step down after four years in the role since 2015. Tulloch will be joining from investment banking firm Cantor Fitzgerald Europe, where he was managing director for Corporate Finance for a year since 2018.
"Nick has been Highlands' financial adviser for the past four years and therefore already has a very strong working relationship with the team and our strategy. I am delighted to announce his appointment to the board in the role of finance director. He joins Highlands at a pivotal time in our development as we seek to establish ourselves as organic CBD producers in Colorado, USA and I am confident that he will make a significant contribution," said Chairman & Chief Executive Officer Robert Price.
Shares in Highlands Natural Resources were down 0.5% at 9.25 pence on Tuesday.