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LONDON - Solid State plc (AIM:SOLI), a UK-based manufacturer of computing, power and communications products, announced Thursday that Chief Executive Officer Gary Marsh has died after a short illness.
The company has appointed John Macmichael as Interim Chief Executive. Macmichael, who has been with the business for nearly 20 years, currently serves as Managing Director of Solsta, the Components division of the Group.
"On behalf of the Board and all of our colleagues across the wider Group, our thoughts and heartfelt condolences are with Gary's family at this sad time," said Nigel Rogers, Chairman of Solid State, in a press release statement.
Rogers added that Macmichael will have support from the company's Board of Directors and senior management team, which includes executives with both industry and public company experience, to ensure continuity of leadership.
The company stated that Macmichael accepted the additional responsibilities despite coming to terms with the loss of a close friend and colleague.
Solid State did not disclose details about Marsh's illness or provide information about succession plans beyond the interim appointment.
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