10th Apr 2014 07:38
LONDON (Alliance News) - Iofina PLC said Thursday its co-founder Lance Baller has been appointed to the board after a period of ill health as a non-executive Director and Chairman of the firm.
Baller took a leave of absence to attend to personal health issues prior to his resignation, said the firm.
The former CEO has previously served as President (2010-2013), Finance Director (2007-2010) and Secretary of the company. He has not been a Board member since June 19, 2013 annual meeting.
In a statement Thursday, Iofina said, "Lance is now able to better manage and control his health condition in order to perform his commitment to the Board of Directors."
Baller's appointment as Chairman is effective to the 2015 annual general meeting, said the company.
Shares in Iofina were trading higher during early trading Thursday, up 4.85% at 79.688 pence per share.
By Alice Attwood; [email protected]; @AliceAtAlliance
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