IP Group Chairman Bruce Smith To Step Down

Wed, 29th Oct 2014 07:32

LONDON (Alliance News) - IP Group PLC on Wednesday said its chairman is to step down, but will stay in the position until a successor is appointed.

Bruce Smith joined the board of the FTSE 250 intellectual property company in September 2002 and has served as non-executive chairman since it floated on the stock market in 2003.

"Bruce has made an outstanding contribution to the Company over the last twelve years. On behalf of the Board and all of the Company's staff, I would like to thank Bruce for his wise counsel over the years and to wish him well in his retirement," said IP Group Chief Executive Alan Aubrey.

By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance

Ip Group