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IN BRIEF: DeepVerge taps head of Modern Water unit amid board changes

ALN

DeepVerge PLC - Dublin-based environmental and life science group - Says Executive Director Gerard Brandon resigns, leaves with immediate effect "to devote more time to his other business commitments". The company is progressing with the recruitment of a new CEO and chief financial officer, as well as a further non-independent director. Paul Ryan has been appointed as the general manager of the Modern Water division, reporting directly to Chief Operating Officer Fionan Murray.

Interim Chief Executive Nigel Burton says: "The company and board welcome Paul Ryan to his new role, and are grateful for the significant contribution that Gerry has made to the development of the company since 2018."

Current stock price: 2.25 pence, up 5.9% on Monday

12-month change: down 92%

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