Source - Alliance News

Xeros Technology Group PLC - Rotherham, England-based laundry technology developer - Promotes Alex Tristram to finance director. Tristram joined Xeros as group financial accounting manager in January 2018, was appointed as director of Finance in March 2023. Prior to joining Xeros, he was group accountant and finance director of the Alternative Energy division at Pressure Technologies PLC. Pressure Technologies is a Sheffield, England-based engineering firm.

‘We are delighted to welcome Alex to the board. He has played a key role in the transition of the business to the licensing model and helped us navigate some very challenging economic conditions during the pandemic,’ says Chair Klaas de Boer.

‘Since becoming director of Finance last year, he has demonstrated strong leadership and financial acumen which will continue to benefit the group as we progress the commercialisation of our technologies.’

Current stock price: 2.80 pence, up 1.8% in London on Monday

12-month change: down 39%

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