21st May 2014 09:45
LONDON (Alliance News) - Belvoir Lettings PLC Wednesday said its newly-appointed chief executive, Carl Chadwick, has stepped down from the role and has left the firm to focus on other business interests, including his role as chief executive of Sun Axis Corporate Finance.
In March, Chadwick, who was previously finance director, took over from Dorian Gonsalves. Gonsalves, who had overseen the company's shift towards providing an estate agency service, became the company's director of commercial and franchising.
The lettings specialists Wednesday said Executive Chairman Mike Goddard will resume the role of chief executive, supported by Gonsalves, who will continue his full-time operational responsibilities, overseeing the day-to-day running of the business.
Goddard said the company respects Chadwick's decision to focus on leading Sun Axis, with which the firm looks forward to continuing work on acquisition opportunities.
Sun Axis specialises in providing strategic, financial and transactional advice to shareholders, directors and management teams alike.
Belvoir has also appointed Louise George as finance director. George joins from AIM-listed Image Scan Holdings PLC.
In a separate note Wednesday, the firm said trading in the current year to date has been positive, while its acquisition programme remains promising and overall.
Belvoir Lettings shares were quoted up 5.3% at 119.00 pence Wednesday morning
By Anthony Tshibangu; [email protected]; @AnthonyAllNews
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