8th May 2019 11:11
LONDON (Alliance News) - Concurrent Technologies PLC said Wednesday Chief Executive Glen Fawcett died on Tuesday, with Commercial Director Jane Annear taking over as acting boss.
Long-serving Fawcett had been on a temporary leave of absence to "undergo medical treatment" since mid-January.
The rugged technology firm explained, however, that Fawcett "unexpectedly" died on Tuesday and that it extended its "deepest condolences and sympathies to Glen's family."
Annear will act as interim CEO at Concurrent with immediate effect ahead of a permanent appointment being made.
Shares in Concurrent were 1.3% lower at 75.00 pence on Wednesday.
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