Elixirr International PLC on Tuesday said its current chief financial officer will become deputy chief executive officer in the new year and named its replacement CFO.

The London-based business consultancy said Graham Busby, co-founder and current CFO, will become deputy CEO on January 1. Elixirr said he will continue to be responsible for the company’s acquisition strategy which he has led since 2020.

Nick Willott, current finance director & company secretary, will become CFO. He will also join the board following due diligence procedures.

Ian Ferguson, a co-founder and director of the company, will step down from the board in the new year to become a board advisor.

The company also confirmed that serving CEO Stephen Newton will continue in his role.

CEO Stephen Newton said: ‘We are delighted to announce the appointments of Graham and Nick as deputy CEO and CFO respectively. Their deep understanding of the business, together with their technical knowledge and market expertise will further strengthen the board and support the company as it continues its strong trajectory of growth. Graham has operated as de facto deputy CEO for several years working side-by-side with me every day, and Nick has performed exceptionally as our finance director and company secretary since joining us in 2020.’

Shares in Elixirr were down 1.3% to 755.00 pence in London on Tuesday afternoon.

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