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UK – InterQuest’s CFO announces resignation

27 August 2015

Specialist technology recruitment firm InterQuest Group (ITQ: AIM) today announced that Chief Financial Officer Michael Joyce has tendered his resignation. Mr Joyce has worked with the company for 11 years and is departing to take up a role at a private business.

The Board has commenced a process to identify his successor and Mr Joyce has agreed to work with the company during his six-month notice period to ensure a smooth handover. 

Mr Joyce’s resignation marks a second senior departure at InterQuest Group, following the announcement in July that CEO Mark Braund had tendered his resignation.

Gary Ashworth, Executive Chairman of InterQuest, commented: "Michael has been an excellent and loyal colleague for the past 11 years and we will all miss him. The operational management of the business is increasingly devolved to the company's highly experienced divisional directors, each of whom has been with the company for a considerable period of time and is a specialist in their respective niche.”

“As such I am reverting to an Executive Chairman role giving strategic direction to the company with operations managed by the divisional heads. We have begun a process to identify Michael's successor for the CFO role and wish to thank him for his valuable contribution during his 11 year tenure with InterQuest," Mr Ashworth concluded.