Alumasc Group PLC on Friday said it had terminated Pamela Bingham as chief executive officer of the company with immediate effect following an independent probe.

The Northamptonshire-based supplier of building products for water and energy management said Vijay Thakrar would continue as interim executive chair.

Alumasc had suspended Bingham in July pending an investigation conducted with external advisers into her professional conduct. The group had provided no further details about the matters being investigated.

On Friday, the company noted a “positive start” to new financial year despite the challenging backdrop and said it would announce results for the year ended June 30 on September 15.

Alumasc shares closed 2.6% lower at 228.80 on Friday in London.

Copyright 2026 Alliance News Ltd. All Rights Reserved.


Source link

Author

Shin John
Shin JohnYtv Market News
Share-market news writer and analyst with deep experience covering equities, commodities, forex, and cryptocurrencies for readers in the USA, UK, Canada, and Australia. Ytv Market News delivers timely market updates, practical trading insights, and clear explanations of macro and company-level catalysts that move prices. Combines on-the-ground financial reporting with technical analysis, using concise charts and actionable ideas to help investors and traders make smarter decisions.
Latest entries
See also  IN BRIEF: PPHE Hotel completes sales of New York development site