Interquest CFO resigns
The Board of the the specialist agency in technology, analytics and digital markets has commenced a process to identify Michael's successor and Michael has agreed to work with the Company during his six-month notice period to ensure a smooth handover.
As announced on July 14 2015, InterQuest had an encouraging first half of the year with net fee income up 6 per cent and adjusted earnings before interest and tax up 16 per cent. Trading has continued to be strong since the half year.
Gary Ashworth, executive chairman, said, "Michael has been an excellent and loyal colleague for the past 11 years and we will all miss him. The operational management of the business is increasingly devolved to the Company's highly experienced divisional directors, each of whom has been with the Company for a considerable period of time and is a specialist in their respective niche. As such I am reverting to an Executive Chairman role giving strategic direction to the Company with operations managed by the divisional heads. We have begun a process to identify Michael's successor for the CFO role and wish to thank him for his valuable contribution during his 11 year tenure with InterQuest."
InterQuest will report its half year results for the six months to June 30th on 8th September 2015.