Surgical Innovations Group PLC on Tuesday said Charmaine Day plans to step down as chief financial officer, after two years in the role.

Day joined the surgical and medical instrument manufacturer in 2012 as financial controller and was promoted to CFO in 2021.

Surgical Innovations said it will now begin an ‘extensive’ search to appoint its new CFO. When appointed an ‘orderly transition process’ will take place, aided by Day.

The company added that Day will remain with the company until the transition to her successor is complete.

Chief Executive David Marsh said: ‘It has been a pleasure to work with Charmaine since she joined Surgical Innovations in 2012, and especially in the role of CFO since 2021, and I would like to thank her for the excellent and continued contribution that she brings to the business.’

The company’s next scheduled trading update will be late January 2024.

Shares in Surgical Innovations were unchanged at 0.76 pence each in London on Tuesday morning. They are down 53% over the past year.

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