Kennair steps down from Zytronic

John Kennair is not seeking re-election to the board of AIM-quoted Zytronic after the controversy over his secret payments to Romag.Kennair, who used to be the chairman of Zytronic which was demerged from Romag in 2000, was originally seeking re-election at the AGM on 10 February. Kennair owns 0.88% of Zytronic, which makes touch sensor products.Kennair, who paid £3.97m into a subsidiary of AIM-quoted specialist glass group Romag without telling the rest of the board, stepped down as its chairman last Friday and will leave when it finds a replacement as chief executive.