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LONDON - Braemar PLC (LSE: BMS), a notable player in the shipping and energy markets, has announced a change in its executive team. Tris Simmonds, who served as the Group Chief Operating Officer (COO), has stepped down from his role to pursue other opportunities. In a strategic shift, Grant Foley, the Group Chief Financial Officer, will expand his responsibilities to include the leadership of all support functions and the company’s Securities business, pending regulatory approval.
Grant Foley joined Braemar in August 2023 and has since made a significant contribution to the company. His extensive experience in finance and operations, acquired through senior roles at firms like ClearScore and CMC Markets (LON:CMCX) plc, positions him well for the expanded role within Braemar.
James Gundy, Braemar’s Group Chief Executive Officer, expressed gratitude towards Simmonds for his service and contributions since joining the executive team as COO in 2021. Gundy wished Simmonds well in his future endeavors.
This executive change is reported in accordance with the Listing Rules, specifically paragraph 9.6.11(R). The information in this article is based on a press release statement from Braemar PLC.
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