8th Jun 2020 12:31
(Alliance News) - Data-focused professional services firm Parity Group PLC said Monday it has appointed Mike Johns as chief financial officer with immediate effect.
He will be replacing Roger Antony, who has stepped down after three years in the role and 26 years at the company. Antony will continue to work for Parity for a short period to assist with an orderly handover.
Johns will be joining from 3D scanning system developer Fuel3D Technologies Ltd, where he was chief financial officer for three years since 2017.
"Roger has worked tirelessly alongside CEO Matthew Bayfield to drive the Group's transformation programme, which will deliver approximately GBP4 million of annualised gross cost savings. This has positioned us well to face the challenges posed to so many businesses by Covid-19. We wish Roger every success in the future," said Chair John Conoley.
"The board welcomes Mike Johns to Parity, we are attracted to Mike's experience in data as well as his business transformation and organisation redesign experience," Conoley added.
Shares in Parity were untraded on Monday, last quoted at 8.70 pence in London.
By Dayo Laniyan; [email protected]
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