5th May 2023 14:42
(Alliance News) - Eleco PLC on Friday said Serena Lang, its non-executive chair, will step down on Thursday next week to pursue new opportunities and that it "reluctantly accepted" her resignation.
Eleco, a London-based construction software developer, said Lang served on its board for over eight years. She was appointed as a non-executive director in 2014 and promoted to executive chair in 2020.
Eleco credits Lang with leading the decision to move its products to a software-as-a-service model.
Eleco said Lang will step down at the end of its annual general meeting on Thursday next week. Non-Executive Director Mark Castle will serve as interim non-executive chair and assist in searching for a permanent successor.
Eleco's shares were up 0.3% at 80.25 pence on Friday.
By Emma Curzon, Alliance News reporter
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