23rd Nov 2020 16:22
(Alliance News) - The following is a round-up of London-listed company director and manager changes announced on Monday and not separately reported by Alliance News:
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Gulf Marine Services PLC - UAE-based marine services provider - Suspends Tim Summers from role of chief executive officer, pending an internal investigation of a severance agreement between Summers and the company. The agreement is dated November 10, the day the Gulf Marine board was reshaped following a shareholder vote, and a payment of GBP429,000 was made to Summers on the same day. Chair Mansour Al Alami will become interim executive chair during the investigation. Al Alami was named as chair on November 11, the day after the board vote, while Summers left the board at the same time but continued as CEO until a new CEO is found.
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Burberry Group PLC - London-based luxury goods firm - Adds Antoine Bernard de Saint-Affrique, CEO of chocolate maker Barry Callebaut Group, to board as non-executive director, effective from January 1. Prior to Barry Callebaut, he was president of the Foods division of Unilever PLC.
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Michelmersh Brick Holdings PLC - Danehill, Sussex-based brick manufacturer - Hire Tony Morris as non-executive director, effective immediately. Morris is co-founder of Tessera Investment Management, a strategic advisory firm.
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Mountview Estates PLC - London-based property trading company - Notes 33% of votes at general meeting on Monday were against the re-election of Chair Tony Powell and 31% against the re-election of Mhairi Archibald as directors. Roughly the same percentage of votes were made against the pair at the company's annual general meeting back in August. "The company is disappointed, that there was a significant minority vote...against each of the resolutions. As we have done previously, we will continue to seek to engage with independent shareholders and will take into account any feedback around their concerns and considerations in the future," the company says on Monday.
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Active Energy Group PLC - London-based biomass-based renewable energy and forestry management - Hires Andrew Diamond as finance director starting January 1. Diamond most recently was finance director for AIM-listed Victoria Oil & Gas PLC.
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Mind Gym PLC - London-based training and management development firm - Hires Ruby McGregor-Smith as independent non-executive director, effective immediately. McGregor-Smith currently is president of the British Chambers of Commerce, among other director and advisory roles. She was chief executive of facilities management firm Mitie Group PLC from 2007 to 2016.
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Aseana Properties Ltd - property developer in Malaysia and Vietnam - Hires Tom Holland as independent director, effective immediately. Holland was head of Asia for Cube Capital before founding Development Finance Asia, a boutique investment firm.
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Mereo Biopharma Group PLC - London-based clinical stage biopharmaceutical firm - Hires Suba Krishnan as senior vice president of Clinical Development, starting December 7. Krishnan joins Mereo from Genmab AS, where she was global program head of Immuno-Oncology.
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By Tom Waite; [email protected]
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