CFO Intention to retire
CFO Richard Armitage to retire in first half of 2027; succession process underway.
Select text to share a quote on X · sign in to keep highlights & notes in your MGAM notes
Morgan Advanced Materials plc announces that Richard Armitage has informed the Board of his intention to retire as Chief Financial Officer. Richard will step down from his role and the Board during the first half of 2027.
The Board has commenced a process to identify a successor and will make a further announcement in due course. Richard's retirement date should allow for a seamless handover to his successor.
Ian Marchant, Chair of Morgan Advanced Materials, said:
"Although he will not be leaving us for some time, I would like to take this opportunity, on behalf of the Board, to thank Richard for his support and invaluable contribution to Morgan. He has helped position the organisation for margin enhancing growth and led several transformation programmes. His contribution has been essential to designing our new strategy: 'Unlocking our Potential', and in leading its implementation."
The company will provide an update once Richard's retirement date has been confirmed. There are no further details to be disclosed under UK Listing Rule 6.4.
The Company's LEI number is I4K14LL95N2PHDL7EG85.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.