Strix Group Plc (LON:KETL), the AIM quoted global leader in the design, manufacture and supply of kettle safety controls and other complementary water temperature management components, has announced a corporate update covering the planned CFO retirement and leverage ratio covenant relaxation.
CFO retirement
Strix Group announced that after over twelve years with the business, Raudres Wong, Chief Financial Officer (“CFO”) has advised the Board of her intention to retire as CFO, effective immediately.
The process to appoint her successor is now underway and Mark Kirkland who is currently a non-executive director on the Strix Group Board is Interim CFO until a successful candidate is in place.