Plus   Neg

Redstone Says CFO Peter Hallett Gives Notice Of His Resignation

Redstone Plc. (RED.L) announced that after the successful completion of demerger, Peter Hallett, Chief Financial Officer of the Company, has given notice of his resignation in order to pursue new professional challenges. The company said that Peter has a twelve-month notice period and will remain as Chief Financial Officer of the Company until a successor has been recruited.

Peter has been with the business for over four years and has successfully completed the restructuring of Redstone plc and the demerger and flotation of Redcentric plc.

The company stated that Peter joined the Redstone Board in 2009 having worked closely with the business as a consultant on behalf of its bank since 2008 as a highly experienced interim and turnaround specialist.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Qualcomm Inc.'s former Chairman Paul Jacobs plans to acquire the chipmaker founded by his father and has approached several global investors in an effort to fund the buyout, the Financial Times reported. According to the report, Jacobs informed members of the Qualcomm board about his intention to take the company private. Qualcomm has a market capitalization of $90 billion. Tiffany & Co. (TIF) reported fourth-quarter net earnings of $62 million, or $0.50 per diluted share, which were 61% below the prior year's $158 million, or $1.26 per diluted share. The company recorded tax-related charges in the fourth quarter of 2017 and certain impairment charges in last year's fourth... BlackBerry has extended the term of its Chief Executive Officer and Executive Chairman John Chen through 2023. He has been heading the company for the last five years. Chen joined BlackBerry when the smartphone pioneer was going through a troubled time. He was focused on overhauling with a special focus on diversification. BlackBerry, the former leader in the smartphone space, is now into auto m
comments powered by Disqus
Follow RTT