Business
Board Changes & Timing of Audited Annual Accounts
RC Fornax plc announced significant board changes, with Non-Executive Chair Mark Fahy stepping down and David Hitchcock assuming the role of Independent Non-Executive Chair. Andrew McInerney and Chris Brooks have joined the board as Independent Non-Executive Director and Executive Director, respectively, bringing extensive experience in defence, entrepreneurship, and engineering. The company also confirmed that its audited annual accounts for the financial year ended 31 August 2025, expected to be in line with previous market communications, will be published in mid-February. Disclaimer*
About this update from Rc Fornax Plc
[{"type":"text","content":"\n\n\n \n30 January 2026\nRC FORNAX PLC\n(\"RC Fornax\" or the \"Company\")\nBoard Changes\nTiming of Audited Annual Accounts\n \nRC Fornax (AIM: RCFX), the UK-based consultancy delivering outcome-based engineering solutions to the defence sector's most critical platforms - accredited, in-demand, and built to scale, announces changes to its Board of Directors as part of the Company's ongoing focus on strengthening governance, delivery and strategic oversight.\n \nSummary\n \n· Mark Fahy, Non-Executive Chair, to resign from the Board, having guided the Company through its AIM IPO and first year of trading as a public business.\n· David Hitchcock, previously Independent Non-Executive Director, to assume the role of Independent Non-Executive Chair.\n· Andrew McInerney, veteran of the Royal Marines and entrepreneur with extensive experience in the growth company environment, joins the Board as Independent Non-Executive Director.\n· Chris Brooks, Managing Director and Head of Engineering joins the Board as Executive Director.\n· Annual Accounts for the financial year ended 31 August 2025 to be published in mid-February with results anticipated to be in line with those previously communicated to the market.\n \nBoard Changes\n \nFollowing the Company's AIM IPO and its first year as a listed business, including a period of significant operational progress and a record first quarter of FY26, Mark Fahy, Independent Non-Executive Chair, has reached a mutual agreement with the Board to resign from the role with immediate effect. David Hitchcock, currently Independent Non-Executive Director, will assume the position of Independent Non-Executive Chair with effect from today.\n \nThe Company is also pleased to announce the appointments of Andrew McInerney, Royal Marines veteran and successful entrepreneur, and Chris Brooks, the Company's Managing Director and Head of Engineering, to the Board as Independent Non-Executive Director and Executive Director, respectively.\n \nThese changes reflect the evolution of RC Fornax as it builds on the operational improvements implemented in recent months, which have enhanced governance, risk management and delivery capability, and have directly supported the Company's recent upl...