15th Mar 2023 14:12
(Alliance News) - Volution Group PLC on Wednesday said it has appointed Non-Executive Director Nigel Lingwood as chair designate, set to replace Paul Hollingworth on June 23.
The Crawley-based manufacturer of energy-efficient indoor air quality products noted that Hollingworth has served on the board for nine years.
Volution said of Lingwood: "Since his appointment in 2020, Nigel has made a valuable contribution to Volution, bringing extensive financial and accounting expertise to the board, together with significant public company knowledge, and wide-ranging merger and acquisition experience, both in the UK and internationally."
Volution shares were 1.7% lower at 422.50 pence each in London on Wednesday afternoon.
By Tom Budszus, Alliance News reporter
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