Accsys Technologies falls after CEO decides to step down

Accsys Technologies

12/12/2022 11:16

** Shares of wood building products maker Accsys
Technologies  ACCS.L  down as much as 3.6% at 65p 
    ** Co says Rob Harris will step down as chief executive
officer and director  urn:newsml:reuters.com:*:nTUC78Y1YV 
    ** Accsys says Harris has agreed terms with the co to stay
in post until March 31, 2023; co will now proceed with formal
search for a successor 
    ** ACCS stock down ~32% since Oct 18, 2019 when Harris was
named as CEO 
    ** ACCS also says it will appoint interim CFO in January
2023 
    ** In August, Finance Director William Rudge said he would
resign from the role 
    ** Including session's losses, stock down ~64% YTD 
 (Reporting by Amna Karimi in Bengaluru)
 ((Amna.Karimi@thomsonreuters.com; +91 8083261226;))