Another executive has departed troubled banknote printer De La Rue PLC (LON:DLAR) with CFO Helen Willis stepping down with immediate effect.
Her departure follows a carousel of management changes at the firm, which is now run by Clive Vacher, a turnaround expert formerly of Rolls-Royce and who has already warned about its future due to high debts and people going 'cashless'.
READ: Printing money: Is De La Rue's debt crisis part of a wider problem?
Willis had been with De la Rue less than two years and adds to the exodus of executives from the banknote group.
Former chief executive Martin Sutherland stepped down in May last year while its chairman, senior independent director and most of its executive team went in the intervening months,
De La Rue shares were down 4.2% at 140p in late-afternoon trading on Friday, 67% lower than its share price this time last year.