NetScientific PLC (AIM:NSCI), the investment and commercialisation group with an international portfolio of innovative life science, sustainability and technology companies, confirmed that John Clarkson has stepped down as chairman of the company and resigned from the board with immediate effect.
As previously announced on 9 November 2022, Jonathan Robinson will now become interim non-executive chairman while the company completes its recruitment process to appoint a new chairman.
In a statement, Dr Ilian Iliev, NetScientific's chief executive officer, commented: "John has been with NetScientific in various senior board roles since December 2019. His excellent counsel, hard work and professional oversight have contributed greatly to the company's successful turnaround, placing the business on a path to growth. He was also instrumental as an architect of the turnaround strategy, and supported the executive team in its implementation. The board wishes to thank John for his guidance and support and wishes him every success for the future. We also look forward to continuing to work with him in an advisory role both in the group and in various portfolio companies."
He added: "Our search for a new non-executive chairman is continuing well. The nomination committee has already received several applications from well-qualified candidates, and interviews will be taking place shortly. We look forward to concluding the process soon and updating the market at the appropriate time. In the meantime, we are grateful to Jonathan Robinson, who is an experienced company director and will act as interim chairman until the search process is complete."