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Dechra Pharma Finance Head Richard Cotton Leaves For Personal Reasons

3rd Apr 2019 07:58

LONDON (Alliance News) - Dechra Pharmaceuticals PLC on Wednesday said Chief Financial Officer Richard Cotton resigned immediately for personal reasons.

The FTSE 250-listed veterinary products manufacturer said Cotton will remain available to the company for consultation until late June.

Dechra said it has started the search process for a replacement and a further update on this will be made in due course.

In the interim period, Paul Sandland, the company's EU finance director, will assume the role of acting CFO until a permanent successor to Cotton is appointed.

Dechra also noted that trading across the company has continued to witness growth and is in line with management expectations.

The company expects to release its next trading update in July, it said, ahead of its annual results scheduled for publication in September.


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