Servoca trading in line as CFO retires
Updated : 12:17
Specialist recruitment solutions and outsourcing provider Servoca updated the market on its trading on Friday, confirming that it expects its preliminary results to 30 September to be “comfortably” in line with market expectations.
The AIM-traded company said it will announce those preliminary results on 12 December.
It also announced the retirement of Glenn Swaby, who has acted as chief financial officer since March 2008.
Servoca said Swaby would be succeeded by Chris Hinton, who has “extensive” public company and recruitment sector experience, according to the board.
Hinton was joining the board with immediate effect, and would work with Swaby to effect a smooth handover.
“On behalf of myself and the board I would like to thank Glenn for his valuable contribution to the group,” said CEO John Foley.
“After 10 years of service, Glenn leaves the business well placed for the future and we wish him well in his retirement.
“I would also like to welcome Chris, who worked with Andy Church and myself previously at Lorien.”