9th Jan 2020 11:41
(Alliance News) - Grafenia PLC on Thursday said it has promoted Head of Finance Iain Brown to the board role of group finance director, effective immediately.
Brown will be taking over from Simon Barrell, who served as interim finance director from June 2018 following the resignation of Alan Roberts. Barrell will continue to serve on the board as a non-executive director.
Brown joined the Manchester-based printing company in October 2019. He was previously group financial controller at software company Myriad Group AG.
Grafenia Chief Executive Peter Gunning commented: "We'd like to thank Simon for his work as interim finance director whilst we completed our search for a permanent candidate. We're pleased to have him continue as a non-executive director and support Iain in his new role."
"We're also delighted to welcome Iain to the board. Since joining the business, he's made further progress in modernising our finance function. We look forward to him leading a finance team, designed for the future needs of the business," Gunning added.
Grafenia shares were untraded on Thursday morning in London, last quoted at 9.50 pence each.
By Ife Taiwo; [email protected]
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