logo
Plus   Neg
Share
Email

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 RTTNews Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Member of Congress have reportedly been told President Donald Trump's administration has reached an agreement to put Chinese telecom giant ZTE Corp. back in business. Reports from the New York Times and Reuters said the deal brokered by the Commerce Department would require ZTE to pay a substantial... Delta Air Lines will resume non-stop flights between the U.S. and India next year, almost a decade after it exited the Indian market. The airline said Thursday that its decision to resume non-stop flights from the U.S. to India follows agreements between the U.S. and the governments of the United Arab Emirates and Qatar to address the issue of government subsidies provided to state-owned carriers. Mortgage rates continued their upward trend this week and hit a seven-year high, even as housing demand remained robust. According to data released Thursday by mortgage finance provider Freddie Mac, the 30-year fixed-rate mortgage rose to 4.66 percent in the week ending May 24, from 4.61 percent in the prior week and 3.95 percent a year ago. This is also the highest level since May 5, 2011.
Follow RTT