NWF chair to step down at end of September
NWF Group
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Specialist distributor of fuel, feed and food NWF Group announced on Wednesday that David Downie would step down from the board on 29 September.
FTSE AIM All-Share
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Support Services
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The AIM-traded firm said Philip Acton had agreed to remain as chair following the conclusion of the annual general meeting in September, and to oversee the appointment of a new non-executive chair.
It said further updates would be made as the process progressed.
“The board would like to thank David for his considerable contribution over the last five years, and wishes him well, as he looks to spend more time focussing on other portfolio commitments,” the board said in its statement.
At 1453 BST, shares in NWF Group were up 3.57% at 232p.
Reporting by Josh White at Sharecast.com.