VT Group FD steps down for ‘personal reasons’

Chris Rickard, head of finance at shipbuilders
VT Group has announced his
resignation on personal grounds.

The company, a leading supplier of ships to the Royal Navy and navies around
the world, said: ‘VT Group plc, the support services and shipbuilding company,
today announces that Chris Rickard, group finance director has decided, due to
personal reasons, that he will resign from the board and leave the Group when a
replacement has been identified.’

Commenting on the announcement, Paul Lester, chief executive of VT Group 

said: ‘We would like to thank Chris Rickard for his contribution to the company

over the past year and wish him well in the future.’

Before taking up his current position, Rickard was Group FD of
The Weir Group and prior to
that finance chief of Meggitt PLC an international aerospace, defence and
electronics group. He also worked in New Zealand for two years with

VT added: ‘A search for Mr. Rickard’s replacement is underway.’ 

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