15th Oct 2020 15:24
Tekmar Group PLC - Newton Aycliffe, County Durham-based technology and services for offshore energy - Decides to appoint Executive Chair Alasdair MacDonald as chief executive officer, with immediate effect. MacDonald had been non-executive chair of Tekmar since its float in June 2018 and became executive chair when Founder James Ritchie stepped down as CEO back in August. Non-Executive Director Julian Brown promoted to non-executive chair, and the company now will look for a new non-executive director.
Current stock price: 78.76 pence, down 5.1% on day
Year-to-date change: down 46%
By Tom Waite; [email protected]
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