Alliance Pharma PLC - Chippenham, Wiltshire-based distributor of consumer healthcare brands and prescription medicines - Says Chief Operating Officer Jeyan Heper will leave the business on August 31. Heper joined the group in February last year, and has been helping to identify growth opportunities in international consumer healthcare markets. Alliance Pharma explains that in order to accelerate the globalisation of the business, and to simplify the company’s management structure, the board has decided that the role of COO is no longer a requirement at Alliance.

Chief Executive Officer Nick Sedgwick says: ‘I want to thank Jeyan for his contribution to Alliance, providing stability and valuable international consumer healthcare insights as we continue on our journey to transform to a high performing consumer healthcare company, built on a portfolio of leading, trusted and proven brands. We wish him well in his future endeavours.’

Current stock price: 36.80 pence

12-month change: down 26%

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