EXECUTIVE CHANGES: Hunter Eleco s Permanent CEO; 600 Group CFO Leaves
Wed, 10th Feb 2021 15:25
(Alliance News) - The following is a round-up of London-listed company director and manager changes announced on Wednesday and not separately reported by Alliance News:
Eleco PLC - construction software firm - Says Jonathan Hunter, who took on the role of interim chief executive back in September, has been appointed CEO on a permanent basis. Hunter was appointed to the board in June 2016, having held a number of senior management positions within Eleco since joining in 2010. He was appointed COO in 2017 prior to his appointment as interim CEO.
The Board of Directors of GCP Infra, the only UK listed fund focused primarily on investments in UK infrastructure debt the Board announces the following Board composition changes. As announced on 17 September 2019 , David Pirouet notified the Board of his intention to retire as a Non-Executive Director and Chair of the Audit and Risk Committee at the conclusion of the Company s 2021 Annual General Meeting. Following the conclusion of today s Annual General Meeting, we confirm that David Pirouet has retired with effect from today, 10 February 2021. The Board is pleased to announce the appointment of Steven Wilderspin as a Non-Executive Director of the Company with effect from today. Steven will Chair the Audit and Risk Committee and has also been appointed as a member of the Management Engagement Committee.
GCP Infrastructure Swings To Loss Due To Lower Electricity Prices
Thu, 17th Dec 2020 11:49
(Alliance News) - GCP Infrastructure Investments Ltd on Thursday reported a drop in net assets at the end of its financial year, blaming decreases in electricity prices.
GCP Infrastructure Investments focuses primarily on investments in UK infrastructure debt.
At September 30, GCP Infrastructure s net asset value per share stood at 103.99 pence each, down 6.9% from 111.66p the year before.
The trust s pretax profit for the year ended September 30 swung to a GBP726,000 loss from a GBP59.1 million profit the year prior, primarily due to downward revaluations in respect of lower long-term electricity price forecasts, it said.