Frontier IP Group plc Board Change (8221U)
November 28 2023 - 2:00AM
UK Regulatory
TIDMFIPP
RNS Number : 8221U
Frontier IP Group plc
28 November 2023
RNS
AIM: FIPP
28 November 2023
Frontier IP Group plc
("Frontier IP" or the "Group")
Board Change
Frontier IP (AIM: FIPP), a specialist in commercialising
intellectual property, announces that Jim Fish has notified the
Board of his intention to step down as Chief Financial Officer
("CFO") of the Group after 10 years of service. Jim, age 66, will
remain as CFO and as a director of the Group through his six month
notice period which will end no later than 31 May 2024.
Jim will remain focused on running the Group's finance function
and continue to support the Group during his six month notice
period. Jim will also work to ensure the effective transition of
his responsibilities to his successor with the intention that there
will be an orderly handover period of three months.
Following the appointment of a new Group CFO and the completion
of the necessary handover period, Jim will take up a new position
within the Group as Portfolio Finance Director where he will
continue to support the portfolio companies and will report into
the Group CEO.
This change is in line with the Group's succession planning and
the search for a new Group CFO has been initiated. A further
announcement will be made in due course.
Neil Crabb, Group Chief Executive Officer of Frontier IP,
said:
"Jim has played a central role in helping us build Frontier IP
over the last decade, during which we have experienced significant
evolution and growth. I am delighted that despite stepping back
from his board role he will continue to work with our portfolio
companies as they too grow."
Jim Fish, Group Chief Financial Officer of Frontier IP,
said:
"It has been a privilege to have served as Frontier IP's CFO
over the past 10 years and I am very proud of my contribution to
the company's progress over that time. I look forward to my new
role working with some of the exciting companies in Frontier's
portfolio."
ENQUIRIES
Frontier IP Group Plc T: 020 3968 7815 neil@frontierip.co.uk
Neil Crabb, Chief Executive
M: 07464 546 025
Andrew Johnson, Communications & Investor andrew.johnson@frontierip.co.uk
Relations
Company website: www.frontierip.co.uk
Allenby Capital Limited (Nominated T: 0203 328 5656
Adviser)
Nick Athanas / George Payne
Singer Capital Markets (Broker) T: 0207 496 3000
Harry Gooden / James Fischer
ABOUT FRONTIER IP
Frontier IP unites science and commerce by identifying strong
intellectual property and accelerating its development through a
range of commercialisation services. A critical part of the Group's
work is involving relevant industry partners at an early stage of
development to ensure technology meets real world demands and
needs.
The Group looks to build and grow a portfolio of equity stakes
and licence income by taking an active involvement in spin-out
companies, including support for fund raising and collaboration
with relevant industry partners at an early stage of
development.
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END
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