10th Feb 2020 09:45
(Alliance News) - Photography & video products manufacturer Vitec Group PLC on Monday said Martin Green was assume the finance director role on a permanent basis with immediate effect.
Green was appointed acting finance director in September 2019 after Kath Kearney-Croft resigned from the company to "pursue other opportunities".
Green has been at Vitec since 2003 after having started his working life at Vitec in the financial reporting department. He became an executive director in January 2017. His previous experience includes working at N M Rothschild & Sons, Vitec said.
"Martin has an excellent understanding of Vitec's business, its strategy, markets and people. He brings strong strategic and commercial capabilities to the role of group finance director and the board is firmly of the view that Martin is the stand-out candidate. I am delighted that he has accepted this role," said Chief Executive Stephen Bird.
The company is scheduled to publish its 2019 results on February 28. In November 2019, it said it expects adjusted pretax profit for 2019 to be in the range of GBP47 million to GBP50 million, compared with GBP51.2 million in 2018.
The stock was trading 0.5% lower at 1,030.00 pence each on Monday morning in London.
By Ife Taiwo; [email protected]
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