LONDON (Thomson Financial) - Feedback PLC has announced a management
reshuffle following the discharging of the group's historic pension fund
liabilities.
David Sawyer will step down as chief executive in order to assume full-time
responsibility for the group's principal subsidiary Feedback Instruments Ltd and
Michael Burt will become executive chairman, it said.
Burt is currently non-executive chairman.
Jed Bushell is leaving the board after 14 years, including over three years
as finance director, in order to pursue other business interests, said Feedback.
Peter Smith has been named as interim FD until a permanent appointment is
made.
The company, which makes engineer training equipment, said it "believes that
these changes are a necessary and important step towards re-establishing
Feedback as a leading participant in its chosen markets".
tf.TFN-Europe_newsdesk@thomson.com
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