25th Jan 2019 14:08
LONDON (Alliance News) - Athelney Trust PLC on Friday reported the resignation of Paul Coffin as director, effective immediately, and said investment consultant Frank Ashton will join as non-executive director.
"I am delighted to welcome Frank to the board. The company will greatly benefit from his advice and experience and I look forward to working closely with him. The new board are now focused on the future and we look forward to updating shareholders with further details in due course," Chair David Lawman said.
Ashton spent much of his career providing independent management advice to companies in a wide variety of sectors, the company said, adding that he spent 15 years at PricewaterhouseCoopers and KPMG and five years working in strategy and mergers and acuquisitions for Cummins Inc.
Shares in the investment trust were untraded at 185.00 pence each on Friday.
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Athelney Tst.