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Chemring Group PLC on Monday said Chief Financial Officer Andrew Lewis plans to step down after six years in post.
The Romsey, Hampshire-based defence technology manufacturer said that Lewis’ notice period is 12 months, ensuring a smooth transition.
Lewis joined Chemring as finance director in December 2016.
The company has begin a search process to appoint a new CFO.
Chair Carl-Peter Forster said: ‘Andrew has been a key member of the executive team during a period where Chemring has strongly repositioned itself. His transformation of the group’s finances has placed it in a good position to take advantage of the many opportunities to continue its growth.’
Shares in Chemring were up 0.2% to 283.50 pence each in London on Monday morning.
By Sophie Rose, Alliance News reporter
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