Arcontech Group names Matthew Jeffs as new Chief Executive Officer

AIM-listed real-time software specialist Arcontech Group has appointed Matthew Jeffs as Chief Executive Officer of the group with effect from April 29th 2013.

AIM-listed real-time software specialist Arcontech Group has appointed Matthew Jeffs as Chief Executive Officer of the group with effect from April 29th 2013.

Richard Last and Steve Prout, who assumed additional responsibilities following the departure of Arcontech's previous Chief Executive Officer, will resume their roles as Group Chairman and Non Executive Director and Director of Arcontech Limited, respectively, the group said.

Jeffs spent ten years with Dow Jones and then six years with Reuters in a variety of roles after obtaining his MBA qualification, Arcontech reported.

Richard Last, Group Chairman, commented: "I am delighted that Matthew has decided to join Arcontech as Chief Executive. His knowledge of Arcontech's sector together with his wide knowledge of international business will be a great asset to the group. I believe that Arcontech has considerable opportunities which will only be enhanced by Matthew joining the group."

Matthew Jeffs, Chief Executive Officer, commented:"I am extremely pleased to be joining Arcontech, which has a well-earned reputation within the financial sector as an innovative and trusted partner. Together with the team, I look forward to building upon these qualities to grow and deliver the undoubted benefits Arcontech provides to an expanded audience."

Arcontech's share price was up 6.25% to 0.08p at 11:39 on Wednesday.

MF

Recommended

The top funds to invest in now
Funds

The top funds to invest in now

As market volatility continues, here are the top funds, stocks and investment trusts investors are putting their money into, according to one investme…
2 Dec 2022
7 sin stocks to buy yielding up to 8%!
Share tips

7 sin stocks to buy yielding up to 8%!

Sin stocks don’t have the best reputation, but when it comes to investment returns, they’re certainly worth a closer look.
2 Dec 2022
Share tips of the week – 2 December
Share tips

Share tips of the week – 2 December

MoneyWeek’s comprehensive guide to the best of this week’s share tips from the rest of the UK's financial pages.
2 Dec 2022
3 emerging-market stocks to watch
Share tips

3 emerging-market stocks to watch

The top emerging-market stocks to keep an eye on, according to Union Bancaire Privée’s Eli Koen.
1 Dec 2022

Most Popular

Is it cheaper to leave the heating on low all day?
Personal finance

Is it cheaper to leave the heating on low all day?

The weather is getting colder and energy bills are rising, but is it really cheaper to leave the heating on low all day or should you only turn it on …
1 Dec 2022
Radiator vs electric heater – which is cheaper?
Personal finance

Radiator vs electric heater – which is cheaper?

We compare the costs, pros and cons of radiators and electric heaters and see which one will help keep your energy bill as low as possible.
28 Nov 2022
State pension errors – why tens of thousands of mothers could be missing out on millions in state pension payments
State pensions

State pension errors – why tens of thousands of mothers could be missing out on millions in state pension payments

LCP launches Mothers Missing Millions campaign amid DWP state pension errors.
3 Dec 2022