Oil-rig maker LAM (Lamprell) announced that CFO Frank Nelson intends to leave the company “for personal reasons”. Joanne Cunin will replace him, effective from 1 October.
Frank originally joined LAM on an interim basis last October.
This is curious timing, given that LAM will announce its results tomorrow. The shares are down 3.1% to 136.94p today, although many shares are taking a battering as the West moves closer to military action against Syria after alleged chemical attacks on civilians.
Mark Carter's blog 