17th Mar 2014 10:46
LONDON (Alliance News) - APC Technology Group PLC said Monday that Rob Smith, Finance Director has tendered his resignation from the board.
APC said Smith will now serve the notice period of his Service Agreement until June this year, during which time the firm will recruit his replacement.
Filtronic PLC said Monday that Smith will join the firm June 16, 2014 as Chief Financial Officer, taking over from Mike Brennan who is stepping down April 15.
Filtronic said an interim finance director will be appointed for the period between Brennan's departure and Smith's arrival.
Shares in APC were trading 0.56% higher at 53.8 pence per share, while Filtronic shares were trading 1.14% lower at 52.15 pence per share Monday morning.
By Alice Attwood; [email protected]; @AliceAtAlliance
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