LONDON (Thomson Financial) - Hardide Plc. said its chief executive Jim
Murray-Smith has resigned and that chairman Robert Goddard will assume the role
of executive chairman until a suitable replacement for Smith is found.
The company, which makes specialist coatings for steel and alloy components,
said it has begun the process of identifying suitable candidates for a full time
chief executive role.
It said it is continuing to review its financial outlook with regard to the
suspension of its shares.
On April 1, Hardide had requested suspension in trading of its shares on AIM
pending investigations into a corporate government issue.
The company had said it was unclear how the investigations will affect the
financial outlook of the company.
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