28th Jun 2023 14:54
Zenova Group PLC - London-based fire safety and heat management technology - Makes immediate changes to board and management responsibilities, including to the chief executive officer and chair, to focus on sales efforts. "Zenova is entering the next stage of growth and is realigning operational capacity to transition from [research & development], testing and certification to sales growth and customer delivery," company explains. Tony Crawley steps down from board and as CEO to become sales project director. Chief Financial Officer Thomas Melchior is promoted to interim CEO, and Farakh Farid is brought in as a non-board CFO. Don Nicholson steps back to non-executive chair from executive, and Fiona Rodford is brought in as executive vice-chair.
Current stock price: 3.35 pence, up 3.1% in London on Wednesday afternoon
12-month change: down 79%
By Tom Waite, Alliance News editor
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