The following is a round-up of London-listed company director and manager changes announced on Wednesday and not separately reported by Alliance News:
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Nexteq PLC - Cambridge, England-based technology solutions for industrial customers - Francis Small steps down as chair, and Deputy Chair Nick Jarmany becomes interim chair, effective immediately. Jarmany was a founding director of Quixant, which changed its name to Nexteq last year, and he was Quixant’s CEO until 2018.
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Kazera Global PLC - London-based investor in early-stage mineral projects in Africa - Confirms the appointment of John Wardle as non-executive chair, starting immediately. Wardle is executive chair of fellow AIM-listed Ironveld PLC and previously was chief executive officer of Amerisur Resources PLC, which also was listed on AIM before being acquired. His appointment was first announced late last month and was subject to due diligence.
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Pennant International Group PLC - Cheltenham, England-based systems support, technical services and training - Michael Brinson resigns as chief financial officer ‘to pursue other opportunities’. He steps down from the board immediately and will leave the company on October 31. Pennant says it will recruit an interim senior finance executive as it searches for a new CFO. Back in July, Pennant said it expects to report slightly better half-year results, with adjusted earnings before interest, tax, depreciation and amortisation of £900,000 in the six months that ended June 30, up from £800,000 a year before, on £7.4 million in revenue, up from £7.1 million.
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Crossword Cybersecurity PLC - London-based cyber security solutions - Rose Clark resigns as CFO, having only joined the company in mid-April. Crossword explains that Clark’s initial assignment was to help carry out a number of major projects. These have now been completed, so she has decided to resign. A search is underway for a replacement. Crossword also says it has cut £1.2 million in annualised costs as part of its drive toward breakeven. These included reductions in staff and overheads.
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