Directorate Change
SIG plc has announced that its Chief Financial Officer, Ian Ashton, will resign to take a new role at TT Electronics plc, having served as CFO since July 2020. Ashton will remain with SIG for up to six months while a successor is identified, with the company acknowledging his significant contributions to financial and operating processes and his input on the 2030 strategy.
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SIG plc ("SIG" or the "Group") announces that it has received notice from Ian Ashton of his resignation as the Group's Chief Financial Officer ("CFO"), in order that he may take up a new role at TT Electronics plc. Ian joined SIG as CFO in July 2020.
A process is underway to identify a successor as CFO. Ian will remain in his role for a period of up to six months.
Andrew Allner, Chairman, commented: "Ian has contributed significantly to the development and strengthening of the Group's financial and operating processes. On behalf of the Board, I would like to thank Ian and wish him well for the future."
Pim Vervaat, Chief Executive Officer and Chair designate, commented: "I have enjoyed working with Ian and I thank him in particular for his input to the development of SIG's 2030 strategy. I join with Andrew Allner in wishing Ian well for the future."
Ian Ashton, CFO of SIG, commented: "I am proud of the progress the business has made over the last six years and believe that the Group is well placed to deliver on the next stage of its strategic plan under Pim's leadership. I look forward to the new challenges that the role at TT Electronics will bring for me."
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.