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Energy

Iofina hires new CFO in board reshuffle

Neil Hekking will join the board as executive director and serve as the company's CFO.

Iofina (LON:IOF) has shuffled its board with the addition of Neil Hekking as executive director.

He will serve as chief financial officer (CFO), having previously worked in senior financial roles at a number of firms, including plastics maker RTP as European controller.

Current finance director Michael Coddington, who has held the position since April last year, will step down from the board.

Coddington will remain with the company as a finance controller.

Tom Becker, president and chief executive, said: “Neil will play an important role in controlling and managing the company's finances and reporting structures.”

Iofina extracts iodine from the brine water supplied by the oil and gas industry.