Restore CFO hands in his resignation

Information management specialist Restore announced on Wednesday that, after almost four years of service, its chief financial officer Neil Ritchie had notified the board of his intention to step down as CFO in order to pursue other business interests.

The AIM-traded firm said Ritchie would remain as CFO and as a director, and continue to support the group, through his six month notice period, which would end no later than 13 December.

A search for Neil's successor had been launched, the board added.

“The board would like to thank Neil for his contribution to the business as a director and CFO of the group, and wishes him well in the future,” the directors said in their statement.

At 1311 BST, shares in Restore were up 0.19% at 270p.

Reporting by Josh White for Sharecast.com.