Hydrogen's CFO steps down

Global recruitment specialist Hydrogen announced that its chief financial officer Colin Adams has decided to step down and pursue other interests.

Colin joined the company’s board in May 2015 at a time when the business had “substantial challenges” related to the dramatic fall in oil prices.

Since then Colin has re-built the finance team and after the announcement of the company’s return to profitable growth in the first half he has decided to go another way.

He is expected to remain on the board until March next year when the release of the firm’s final results for the year ending 31 December 2016 will be released.

The board hopes to find his replacement by the time of his departure.

Stephen Puckett, chairman of Hydrogen said: "I would like to thank Colin for his contribution in turning around Hydrogen. The business is performing in line with the Board's expectations and has a solid foundation for future profitable growth."

The share price fell 2.74% to 35.50p at 1624 BST on Wednesday.