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Lightwave RF Chief Executive Andrew Pearson Steps Down
LONDON (Alliance News) - Shares in LightwaveRF PLC plunged Monday as the company announced that Chief Executive Officer Andrew Pearson stepped down and left the company.
Following the news, shares were trading 20% lower at 11.00 pence each.
The smart home solutions provider said it appointed Jason Elliott as CEO. Elliott is expected to join the company no later than mid-September 2018.
In the meantime, the company said Chief Financial Officer Kevin Edwards will be acting as CEO with immediate effect.
Elliott is currently chief sales officer for Onzo Ltd, a company which provides energy data analytics to major utilities.
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