Business
Appointment of New Chairman
Appointment of New Chairman.
About this update from Time Finance Plc
[{"type":"text","content":"\n \nRNS Number : 1099Y 1PM PLC 21 January 2014 \n \n\n \nFor Immediate Release 21st January 2014\n \n1pm plc (\"1pm\" or \"the Company\") Board Change\n \nAppointment of New Chairman \n \n1pm (AIM: OPM), the AIM listed specialist independent provider of finance facilities to the SME sector, is pleased to announce the appointment to the Board of Ian Smith as Non-Executive Chairman, effective from 1st February 2014. \n \nIan has 30 years' experience in business as a board level Finance Director and Chief Executive following qualification as an accountant. He has worked in companies at all stages of the business cycle with experience of start-ups, R&D commercialisation, international expansion, flotations and successful exits, within both privately-held and quoted companies.\n \nIan is currently Chief Financial Officer of Q Chip Limited, a biotechnology business engaged in drug delivery and a non-executive director of SmartKem Limited, a business engaged in organic semiconductor technology. Both companies have raised funds through a series of venture capital financing rounds in recent years.\n \nPreviously, Ian was a member of the management team which successfully sold UDEX Limited on behalf of 3i plc in 2006 and, as Finance Director of Surface Technology Systems plc, he was instrumental in its flotation on AIM in December 2000, subsequently leading the business as Chief Executive through the technology sector downturn from 2001 to 2003. Prior to that Ian was Group Finance Director to...