Utilitywise's new CFO to start in new year

Utilitywise, an AIM listed independent utility cost management consultancy, announced that Richard Laker will assume his appointment as chief financial officer (CFO) and director of the company on 1 January 2017.

His predecessor Jon Kempster will step down as CFO and director on 31 December 2016.

The share price fell 1.58% to 187p at 1012 GMT on Tuesday.