Quick Facts
FONT-SIZE Plus   Neg
Share SHARE

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.

Click here to receive FREE breaking news email alerts for Redstone plc and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
The United Nations Security Council (UNSC) on Thursday declared the ongoing Ebola outbreak in West Africa "a threat to international peace and security." Notably, the declaration was made in the Council's first emergency meeting on a public health issue. The fifteen-member Council also unanimously... Oracle Corp. said Thursday after the markets closed that its first quarter profit fell slightly from last year, hurt mainly by higher income tax expenses even as revenue increased 3%. The company's quarterly earnings per share, excluding items, also came in below analysts' expectations as did its quarterly revenue. After ending the previous session mostly higher following the Federal Reserve's monetary policy announcement, stocks saw further upside during trading on Thursday. The gains on the day lifted the Dow and the S&P 500 to new record closing highs.
comments powered by Disqus
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.