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LONDON - Altitude Group plc (AIM:ALT), a provider of branded merchandise solutions, announced Tuesday that Chief Financial Officer Graham Feltham has resigned from the board with immediate effect to pursue other opportunities.
Feltham will continue working at the company throughout his notice period until the release of the audited accounts for the year ended March 31, 2025. During this transition, he will work with an internal team led by Senior Non-Executive Director and Audit Committee Chair Peter Hallett.
The company stated it is already advancing its search for a new CFO and will provide updates as the process continues.
In a trading update, Altitude reported that its performance in the current fiscal year remains in line with market expectations. The company disclosed that its ACS division has experienced a 43% increase in orders over the past three months compared to the same period last year.
Additionally, Altitude’s collegiate Gear Shop solution is implementing newly awarded contracts over the summer, which will result in 45 operational locations by August. The company indicated it has additional opportunities in its pipeline, while its Services segment remains stable.
The announcement was made via a press release statement from the company.
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