Itaconix PLC Appointment of Interim Chief Financial Officer (8526W)
August 06 2018 - 1:01AM
UK Regulatory
TIDMITX
RNS Number : 8526W
Itaconix PLC
06 August 2018
Itaconix plc ("Itaconix", the "Company" or the "Group")
Appointment of Interim Chief Financial Officer
Itaconix announces today the appointment of Michael Norris as
interim Chief Financial Officer with effect from 1 September 2018.
Given the previously announced restructuring of the business, Robin
Cridland will retire from the Board and leave the Company with
effect from 31 August 2018 and will be treated as a good leaver.
Michael will commence with the Company with immediate effect to
facilitate an appropriate handover period. Michael will not be a
director of the Company.
Michael Norris is an experienced private and public company CFO
with over 20 years' board level experience. Michael has a strong
entrepreneurial background and is a Fellow of the Chartered
Institute of Management Accountants. Michael has been appointed on
an interim basis while the Board undertakes a process to find a
permanent successor.
Robin Cridland has been CFO of the Company since 2008 and co-led
the flotation on the AIM Market in July 2012. As well as fulfilling
the duties of a public company CFO, he has played a significant
role in the commercial development and financing of the Company
through his 10-year tenure. He is now looking forward to working on
other projects, including expanding his non-executive
portfolio.
John Shaw, Chief Executive Officer commented: "The Board thanks
Robin for his dedicated service to the Company over many years and
wishes him well in his new endeavours. We are pleased to welcome
Michael to Itaconix."
Ends
For further information please contact:
+44 (0) 1244 283
Itaconix 500
John Shaw / Rob Cridland +1 (603) 775 4400
N+1 Singer +44 (0) 207 496 3000
Richard Lindley / Jen Boorer (Corporate
Finance)
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END
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