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RCN

0.20%
NEUTRAL

Redcentric Announces Executive Director Departure

Why we think this is neutral

The RNS announcement is about an executive director change, which is a routine corporate update that does not significantly impact the company's operations or financial performance.

Key Points

  • Executive Director and CEO designate, Brian Woodford, has stepped down from his role
  • Peter Brotherton, Redcentric's CEO, will continue in his role until further notice

Summary

The IT services provider has announced the departure of its CEO designate, with the current CEO agreeing to continue in his role.

Redcentric plc (AIM: RCN), a leading UK IT managed services provider, has announced that Executive Director and CEO designate, Brian Woodford, has decided to step down from his role within the Company with immediate effect. Peter Brotherton, Redcentric's CEO, has agreed to continue in his role until further notice.

GENERAL UPDATE