Pinnacle Technology shuffles its board
Pinnacle Technology has announced that F C Smyth will be relinquishing his post of chief financial officer in order to head up a newly created corporate finance department for the group.
He will also take on the post of company secretary and will retain responsibility for board and shareholder management. Smyth will step down from the board of Pinnacle, the group said.
R D Lyon has been appointed as finance director of the group in Smyth´s stead, and accordingly has been appointed an executive director of Pinnacle with effect from 1 January 2013.
“J V Parkin steps down as company secretary in order to focus his efforts on his role as
chief operating officer of the group.
“The board of directors of Pinnacle believes that these changes will strengthen the corporate layer of management and will better position the Company to take advantage of future growth opportunities. The board wishes Messrs Parkin, Lyon and Smyth success in their new roles,” Pinnacle said in a statement.
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