Verditek Appoints Lord As Chief Financial Officer, Donovan Steps Down

LONDON (Alliance News) - Verditek PLC said Monday that Tim Lord has been appointed chief financial officer with immediate effect.

Janet Donovan, former chief financial officer, will step down from the board with effect from May 24.

Lord was most recently at Standard Chartered Bank for five years from 2011 to 2016, leaving as financial controller. Before that, he was part of Societe Generale for five years from 2006 to 2011, leaving as chief financial officer for Global Financing and M&A.

"Tim's wealth of experience and insight into corporate finance will be a huge advantage as we continue to strengthen our commercial platforms and establish our position in the market. The board would like to thank Janet for her energy and enthusiasm in helping launch Verditek and wish her success in the future," said Chief Executive Officer Geoff Nesbitt.

Shares in Verditek were trading at 6.30 pence down by 3.1%.