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FFI Holdings promotes financial controller as CFO steps down

Timothy Trankina is leaving to pursue other interests, with Billy Cheung taking over from him

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Cheung won’t be appointed to the board

Film services group FFI Holdings Plc (LON:FFI) has promoted its financial controller, Billy Cheung, to the position of chief financial officer following the resignation of Timothy Trankina.

Trankina stepped down from his role with immediate effect in order to pursue other interests, FFI said.

Cheung will take up his new role right away, although he won’t join the board.

FFI chairman James Terlizzi said: “The board appreciates Tim's contributions and wish him well in his future endeavours.”

Shares fell 16% to 30.3p.

Quick facts: FFI Holdings PLC

Price: 25.5 GBX

AIM:FFI
Market: AIM
Market Cap: £40.24 m
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