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TIDE

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NEUTRAL

Crimson Tide Appoints New Interim Executive Chair

Why we think this is neutral

This RNS announcement does not contain any of the mandatory news types specified, such as contract news, order news, trading update, financing, funding, annual results, asset sale/disposal, flow testing, licence news, or delisting. Therefore, the sentiment is assessed as neutral.

Key Points

  • Barrie Whipp appointed as Interim Executive Chair
  • Jacqueline Daniell has stepped off the Board
  • Company to focus on board stability and new appointments in the coming months

Summary

The company has appointed a new Interim Executive Chair, Barrie Whipp, following the departure of Jacqueline Daniell from the Board.

Crimson Tide plc has announced the appointment of Barrie Whipp as Interim Executive Chair of the Company, with immediate effect. Jacqueline Daniell has stepped off the Board. The company stated that the job now is to bring stability to the board with new executive appointments and the appointment of a permanent Independent Chair over the next few months.

GENERAL UPDATE