BemroseBooth MD Dave Murray in surprise departure

Dave Murray has resigned from his position as managing director of security printer BemroseBooth.

The surprise departure comes almost a year after the company was acquired by US private equity house AIAC.

According to a statement released by the company, Murray, who joined the business in 2006, "felt he had achieved a great deal and … the time was right to move on".

Incumbent finance director John Buist will run the business on a temporary basis until a replacement is found.

Buist thanked Murray for his contribution to the business and said: "Dave has steered this business through a number of changes that were crucial to giving the business a platform for long-term success and growth."

In January, BemroseBooth said it was to make 65 job cuts at its Derby site.