Calnex Solutions has announced that following nine years as chair, George Elliott has taken the decision to retire from his position and will not seek re-election at the 2022 AGM.
Current non-executive director Stephen Davidson has been appointed as chair designate and will succeed him at the conclusion of the meeting on 17 August.
Davidson joined the board in January and is an experience director of both public and private companies, with more than 20 years' board experience. He has previously acted as chair at AIM-traded companies Actual Experience, RBG Holdings and Jaywing, as well as JSE-listed Datatec.
Elliott commented: "When I joined Tommy and the team in 2013 it was evident to me that the future for Calnex was an exciting one - and it has been an honour to help guide the business through its subsequent growth and journey onto the public markets.
"I am confident there is a strong Board and management team in place and with its outstanding customer base, the ongoing transition of the telecoms industry to 5G and the growth in cloud computing, the future for Calnex is brighter than ever."
Tommy Cook, chief executive of Calnex, commented: "George has been a huge support to me over the past nine years and I and the whole company thank him for his service and wish him all the very best.
"Our new directors, Stephen and Margaret Rice-Jones, who joined us in January, have quickly become valued colleagues and we have benefitted from their extensive experience and knowledge."
The Linlithgow-based provider of test and measurement solutions for the global telecommunications sector recently reported revenue growth of 23% to £22m, due to high demand for its solutions.
Last month's results for the year ending 31 March also showed a rise in adjusted profit before tax by 18% to £6m.
Don't miss the latest headlines with our twice-daily newsletter - sign up here for free.
