IN BRIEF: Velocys appoints Philip Sanderson as chief financial officer

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Velocys PLC - Oxford-based sustainable fuel technology company - Appoints Philip Sanderson as chief financial officer, effective June 22. He replaces Andrew Morris, whose intention not to stand for re-election at annual general meeting on June 21 was announced back in February. ‘Philip joins Velocys with over 30 years of international finance and commercial expertise in advanced fuels and lubricants, large scale capital project execution and low carbon energy in a range of divisions and affiliates of Shell PLC,’ firm says.

Current stock price: 5.40 pence

12-month range: down 6.9%

By Lucy Heming; lucyheming@alliancenews.com

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