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IN BRIEF: Iomart picks Babcock Non-Exec Lucy Dimes as new chair

ALN

Iomart Group PLC - Glasgow, Scotland-based managed services and cloud computing firm - Names Lucy Dimes as non-executive chair, with effect the end of firm's annual general meeting next week Tuesday. Incumbent Ian Steele has previously announced he will not stand for re-election. ‘Lucy is an accomplished business leader having operated in senior executive positions in FTSE 100, FTSE 250 and private equity owned companies spanning telecoms, technology, business services and financial services. Lucy has substantial experience in complex, highly regulated international markets in product innovation, market entry, scaling for growth and expansion,’ Iomart says. Dimes also sits on board of Babcock International Group PLC as a non-executive.

Current stock price: 186.00 pence

12-month change: down 22%

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