23rd Oct 2019 09:45
(Alliance News) - Carclo PLC on Wednesday confirmed that Finance Director Sarah Matthews-DeMers is leaving the supplier of technical plastics products.
At the end of September, 27% of Carclo shareholders voted against the re-election of Matthews-DeMers, meaning she was kept in post. But the company had said she would be leaving at the end of October anyway.
At the time, Carclo said her replacement Paul Below would not be taking up the role. Instead, Ed Watkinson will become interim chief financial officer.
On Wednesday, Carclo said Matthews-DeMers now has resigned as finance director and from the board, with Watkinson in place as chief finance officer.
Carclo shares remain suspended in London on Wednesday, as it has been unable to release annual results for its financial year ended March 31 on time.
By Evelina Grecenko; [email protected]
Copyright 2019 Alliance News Limited. All Rights Reserved.
Related Shares:
Carclo