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IN BRIEF: Chemring says new CFO to take position on January 1

ALN

Chemring Group PLC - Romsey, England-based provider of technology products and services to aerospace, defence and security markets - Says new chief financial officer James Mortensen will join the company’s board on November 1, before taking the role of CFO on January 1 next year, following a handover period and the publication of Chemring’s full-year results in December. Says current CFO Andrew Lewis will then step down, leaving the company on January 19.

Current stock price: 304.75 pence each

12-month change: down 8.5%

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