Changes at the top at Gresham

2nd Nov 2010 15:48

Real time payments processor Gresham House said the improvement in trading seen in the first half of its financial year continued in the three months to end-October across all parts of the business."We expect the improvement in trading seen so far this year to strengthen further through to the end of the year from a combination of both license sales and strong demand for implementation services. We are also building a good order book and pipeline of new business for delivery in 2011," the company said.Chris Errington, who has been filling the chief executive officer role on an interim basis since April of this year, has been given the role permanently. In other board changes the company said that current non-executive chairman, Eric Sepkes, will quit the board of Gresham on 2 November to be replaced by Ken Archer. Sepkes joined Gresham in April 2008 after 38 years at US banking group Citicorp. His replacement, Archer, joined the board as a non-executive director in June 2010.