Xaar plc (XAR.L), an inkjet printing technology group, announced Wednesday that Ian Tichias has resigned as Chief Financial Officer and Executive Director with immediate effect, to pursue other opportunities.
The company has commenced its search for a permanent CFO, and until then Paul James has been appointed as Interim CFO and Executive Director.
James has been Group CFO of Biffa from September 2023 until October 2024 and Group CFO of Genuit Group plc from March 2018 to September 2023. He has held senior financial roles with Dixons Carphone plc, Inchcape plc, British American Tobacco plc and Ernst and Young.
Andrew Herbert, Chairman, said, "I would like to thank Ian for his contribution and commitment to the Board of Xaar as Chief Financial Officer since 2020. He has played a significant role in delivering a re-invigorated strategy and leaves Xaar with a healthy balance sheet ensuring that the business is well-positioned to capitalise upon the significant market opportunities that lay ahead of it."
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