Source - Alliance News

Corero Networks Security PLC - Amersham, Buckinghamshire-based distributed denial of service cyber defence solutions - Hires Philip Richards as its new chief financial officer to join on November 21. Philip is currently the senior vice president of finance at UK-Swedish based gaming company Kambi Group PLC.

Says CFO Andrew Miller will revert to his role as a non-executive director on January 1 next year. Last month, Miller was appointed as interim CFO. He has been a non-executive director of Corero since May 2020, having previously held the positions of CFO and chief operational officer from August 2010.

Current stock price: 9.25 pence, down 3.7% on Friday morning in London

12-month change: down 9.8%

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