August 29, 2018 / 6:21 AM / 3 months ago

CEO steps down at tech specialists Diploma

Aug 29 (Reuters) - Technical products and services firm Diploma Plc said its Chief Executive Richard Ingram has stepped down with immediate effect, with non-executive director John Nicholas taking over as executive chairman while the board seeks a successor.

“Board believes that a change in CEO is in the best interests of the Company and its shareholders,” Nicholas said in a statement, giving no other reason for Ingram’s departure.

Reporting by Sangameswaran S in Bengaluru; editing by Patrick Graham

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