Business
Chief Financial Officer update
Surgical Innovations Group plc announced that its Chief Financial Officer, Brent Greetham, has informed the Board of his intention to step down to pursue other interests, with a six-month notice period to ensure an orderly handover. The company has initiated a search for a new CFO, and the CEO and a Non-Executive Director will provide additional support to the finance function in the interim. The company expressed confidence in its market position and future prospects, particularly regarding its reposable technology. Disclaimer*
About this update from Surgical Innovations Group Plc
Surgical Innovations Group plc ("Surgical Innovations", the "Company", or the "Group") Chief Financial Officer update Surgical Innovations Group plc (AIM: SUN), the designer, manufacturer and distributor of innovative medical technology for minimally invasive surgery ("MIS"), announces that Brent Greetham, Chief Financial Officer ("CFO"), informed the Board yesterday of his intention to step down from his role as CFO and Director of the Board to pursue other interests. A process to appoint a new CFO is underway and Brent will continue to work with the Group during his six months' notice period to ensure an orderly handover. A further announcement will be made in due course. In the meantime, David Marsh ("CEO") and the Board and in particular, Andrew Boteler ("Non-Executive Director") a former CFO and Chair of the Company's Audit Committee, will provide additional support to the finance function as required. David Marsh, CEO of Surgical Innovations, said: "On behalf of the Board we would like to thank Brent for his contribution to the Group and wish him well in his future endeavors. As we look to the year ahead, we remain confident of the opportunities available, of how our reposable™ technology resonates with the market and the overall prospects of the Group." For further information please contact: Surgical Innovations Group plc www sigroupplc com David Marsh, CEO Tel: 0113 230 7597 Brent Greetham, CFO Singer Capital Markets (Nominated Adviser & Broker) Tel: 020 7496 3000 Alex Bond / Graham Hertrich Walbrook PR (Financial PR & Investor Relations) Tel: 020 7933 8780 or [email protected] Paul McManus / Lianne Applegarth Mob: 07980 541 893 / 07584 391 303 About Surgical Innovations Group plc The Group specialises in the design, manufacture, sale and distribution of innovative, high quality medical products, primarily for use in minimally invasive surgery. Our product and business development is guided and supported by a key group of nationally and internationally renowned surgeons across the spectrum of minimally invasive surgical activity. We design and manufacture and source our branded port access systems, surgical instruments and retraction devices which are sold directly in the UK home market through our subsidiary, Elemen...
View stock analysis, news, and events for Surgical Innovations Group Plc