Mark Anderson given notice as Ultra Electronics restructures marketing

Ultra Electronics announced its board's decision to restructure the group's marketing function on Monday, with the immediate result that Mark Anderson, group marketing director, would be stepping down from the board as his role had been made redundant.

The FTSE 250 company said Anderson would cease to be a director of the group on 1 June, and his employment would end on 31 October.

“Mark has held the position of group marketing director at Ultra since 2012,” said chief executive Rakesh Sharma.

“I would like to thank him for his contribution to Ultra and support to me during that time and wish him every success for the future.”