Diploma CFO Chris Davies resigns with immediate effect
Diploma Plc said on Thursday that chief financial officer Chris Davies has resigned with immediate effect.
"This decision follows a recent company event where, through a lapse in judgement, his personal behaviour did not meet the high standards required of the group's leadership team," the company said in a brief statement.
It said Davies' resignation is unrelated to Diploma's financial performance and the group's guidance for FY25 is unchanged.
Group financial controller Wilson Ng has been appointed acting group CFO. A process to identify a permanent successor is being initiated, Diploma said.
Disclaimer & Declaration of Interest
The information, investment views and recommendations in this article are provided for general information purposes only. Nothing in this article should be construed as a solicitation to buy or sell any financial product relating to any companies under discussion or to engage in or refrain from doing so or engaging in any other transaction. Any opinions or comments are made to the best of the knowledge and belief of the writer but no responsibility is accepted for actions based on such opinions or comments. Vox Markets may receive payment from companies mentioned for enhanced profiling or publication presence. The writer may or may not hold investments in the companies under discussion.
