Fintel announces today that Gary Hughes, Non-Executive Chairman, has informed the Company of his intention to step down from the Board and his role as Chairman with immediate effect due to personal reasons. Ken Davy, Deputy Chairman, will take on the role of Chairman on an interim basis pending appointment of a permanent successor.
Ken Davy said: "Gary has made a significant contribution to the development of Fintel in his relatively short time with the Company, and as Chairman for the past six months has helped to put us in a strong position for our future growth. We are sorry that he is leaving us but understand his situation and wish him every success and good health in the future."
Gary Hughes said: "I'm leaving Fintel in the best shape it's ever been strategically, financially and managerially. I wish the Board and the management team continuing success, and I look forward to watching the business grow in the future."