Alphawave IP Group finance chief announces he will step down
Alphawave IP Group
118.20p
16:30 18/11/24
-1.50%
-1.80p
Alphawave IP Group shares slumped sharply after its finance director announced his intention to step down.
Technology Hardware & Equipment
1,920.18
16:30 25/09/24
0.00%
0.00
According to the semiconductor intellectual property company, Daniel Aharoni, would step down from his post after the publication of the company's full-year results which were expected by 12 May at the latest.
Christian Bowsher, Alphawave Semi's senior director of finance, would take over the finance role while the company searched for a replacement.
He would be helped in his new duties by Raj Mahadevan, a co-founder and senior vice-president of operations.
Mahadevan had managed the finance function between 2017-21.
As of 1028 BST, shares of Alphawave IP group were falling by 14.93% to 101.40p.