Skip Header
Important information: The value of investments can go down as well as up so you may get back less than you invest. Investors should note that the views expressed may no longer be current and may have already been acted upon. This is a third-party news feed and may not reflect Fidelity’s views.

Accsys Technologies CFO departs after 13 months

(Sharecast News) - AIM-listed Accsys Technologies has announced that its chief financial officer is leaving the wood products group after just a year in the role. Steven Salo joined as CFO in April 2023 but has decided to step down with immediate effect after just 13 months. The company said the board and Salo "agreed that his interests and ambitions lie outside of the group".

"I would like to thank Steven on behalf of the board for his service and contribution to Accsys during a challenging period for the company and wish him all the best for the future," said chair Trudy Schoolenberg.

Salo is said to have helped Accsys through a period of economic headwinds and contributed to last year's successful €34m capital raise and financing for the completion of the company's joint venture project in Kingsport.

Accsys said it has started the search for a replacement CFO.

The stock was flat at 58p by 1125 BST.

Share this article

Related Sharecast Articles

FY turnover and profits grow at Arcontech
(Sharecast News) - Software firm Arcontech said on Monday that full-year pre-tax profits and turnover were both anticipated to come in ahead of current market expectations.
Brave Bison pre-tax profits grow in H1
(Sharecast News) - Digital advertising company Brave Bison said on Monday that adjusted pre-tax profits had grown in the six months ended 30 June, leaving it confident of its ability to meet current market expectations for FY24.
Fonix Mobile ends year ahead of market expectations
(Sharecast News) - Mobile payments and messaging technology provider Fonix Mobile reported a strong full-year financial performance in a trading update on Monday.
Tristel flags forecast-busting full-year results
(Sharecast News) - Infection prevention products manufacturer Tristel released a robust trading update for the year ended 30 June on Monday, with revenues and pre-tax profits surpassing market expectations.

Important information: This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to one of Fidelity’s advisers or an authorised financial adviser of your choice. When you are thinking about investing in shares, it’s generally a good idea to consider holding them alongside other investments in a diversified portfolio of assets. Past performance is not a reliable indicator of future returns.

Award-winning online share dealing

Search, compare and select from thousands of shares.

Expert insights into investing your money

Our team of experts explore the world of share dealing.