11th Feb 2015 09:55
LONDON (Alliance News) - Gable Holdings Inc Wednesday said that Non-Executive Director Jost Pilgrim has assumed the role of non-executive chairman with immediate effect, on an interim basis.
In a statement, the European non-life insurance company said it has "identified" a shortlist of potential candidates to fulfill an additional non-executive appointment, after Michael Sofaer stepped down as non-executive chairman, and Pilgrim assumed his role.
"We have also identified a number of highly talented candidates as part of our plan to augment the board with a further non-executive appointment in due course," said Chief Executive William Dewsall in a statement.
Gable shares were down 5.6% at 43.90 pence mid-morning Wednesday.
By Rowena Harris-Doughty; [email protected]; @rharrisdoughty
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