16th Apr 2025 13:19
Judges Scientific PLC - London-based investor in the scientific instrument sector - Chief Operating Officer Mark Lavelle intends to retire by September 2026, and as a result will step down from the board at the annual general meeting on May 22 and not offer himself for re-election. This will involve Lavelle stepping down from his individual subsidiary responsibilities, "enabling him to focus on helping all the group's companies further improve their operational, analytical, talent development and international capabilities," Judges Scientific says.
In addition, Judges Scientific announces the formation of an executive committee, which will report to the company's board. The committee will be responsible for management of the group, and will include executive directors and "key" members of Judges Scientific's senior leadership team. COO Lavelle will be a "key member" of the committee until his retirement, the company notes.
Current stock price: 6,600.00 pence, down 2.1% in London on Wednesday afternoon
12-month change: down 39%
By Emily Parsons, Alliance News reporter
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