12th May 2020 10:48
(Alliance News) - Ricardo PLC said Tuesday it that Chief Strategy Officer Mark Garrett will step down in the summer in order to "pursue other interests".
Garrett has been part of the transport engineering services company for 22 years since 1998. He was first appointed strategy chief in 2019, and before that was chief operating officer for nine years from 2010 to 2019.
"Mark has been by my side on the two decade journey of Ricardo's development into a multi-disciplinary, resilient and global company. His passion for engineering and innovation is embedded in his DNA. We respect Mark's decision and wish him every success for the future," said Chief Executive Dave Shemmans.
Shares in Ricardo were up 0.5% at 387.85 pence on Tuesday in London.
By Dayo Laniyan; [email protected]
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