Litho Supplies has appointed Bernard Clark as non-executive director in response to shareholders demands.
Clark is a chartered accountant who was formerly investment manager at Lloyds Bank Group pension schemes and a director of Lloyds Merchant Bank.
"The appointment of a fully independent non-executive director is something shareholders have been pressing for," said joint managing director Gerry Mulvaney. "Bernard comes very highly recommended he is well regarded in the City."
On the back of the announcement, the firms share price had risen from 85.5p to 93.5p as PrintWeek went to press.
Litho Supplies is also looking for a new chairman to replace John Byford, who is due to step down later this year. The group has already spoken to a number of possible candidates.
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"Utilities, paper and ink but probably not transport, couriers, finisher’s for example"
"Bound to be, most likely those not key suppliers along with HMRC"
"And now watch for those reversion charges to come in thick and fast, for the slightest deviation from the mailing specification 😉😂"
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