Gama Aviation CFO stands down

1st May 2019 08:42

(Sharecast News) - Aviation services group Gama Aviation revealed that chief financial officer David Stickland had stood down from the board on Wednesday, with immediate effect.Stickland, who chose to leave Gama in order to "pursue other opportunities", will be replaced by Patrick Wan on an interim basis as the AIM-listed outfit undergoes a formal recruitment process to find a successor.Despite standing down, Stickland will remain with Gama for an undertermined period to effect an orderly handover of responsibilities to Wan.Chief executive Marwan Khalek said: "I am grateful to Dave for his service during his tenure with the company, through what was a very challenging period."He has been instrumental in the implementation of improved financial reporting and processes; we are committed to building on these foundations and continuing these improvements."As of 0840 BST, Gama shares had ticked up 0.47% to 108p.