Venture Life's CFO resigns
Venture Life, the AIM-listed international consumer self-care group focused on developing, manufacturing and commercializing products for the ageing population, announced that its chief financial officer and company secretary James Hunter has decided to leave the company.
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Hunter has informed the board of his intention to pursue a new opportunity outside of the group. He will remain in his role until the end of November 2016.
Chief executive Jerry Randall said Hunter: “has played a key role as we have grown the business through an IPO and two strategic acquisitions, to a point where the Group has recently reported its maiden interim EBITDA profit. James has been a valued colleague, and the board and I wish him well for the future."
The board has initiated a recruitment process to appoint a new CFO and will provide an update in due course.
The share price rose 1.94% to 79p at 1206 GMT on Thursday.