Dialight confirms Chairman exit
Light-emitting diode (LED) specialist Dialight has confirmed Chairman Harry Tee will formally step down on the twelfth of September after more than twenty years at the firm.
Light-emitting diode (LED) specialist Dialight has confirmed Chairman Harry Tee will formally step down on the twelfth of September after more than twenty years at the firm.
Tee, who retired as Chief Executive of Dialight in 2005, will be replaced by Bill Ronald, currently Senior Independent Director and Chairman of the firm's remuneration committee.
"The board wishes Harry all the best for his retirement and thanks him for his outstanding contribution to the company for more than 20 years," the Dialight statement said.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
"Bill brings great experience to his new role as Chairman and the Executive look forward to working closely with him to continue the execution of the already successful strategy of the company."
Ronald has been a Non-Executive Director since May 2009 and is also Chairman of the Compleat Food Group and Senior Independent Director of Halfords Group.
Tee was awarded a CBE in the Queen's Birthday Honours List in 2008 for services to the electronics industry.
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.
-
8 of the best riverside properties for sale
The best riverside properties for sale – from a Grade II-listed former mill house with views over the River Chelmer in Essex, to a townhouse on a Georgian terrace overlooking the Avon Gorge in Clifton, Bristol
-
Will “Liberation Day” strike again?
Donald Trump’s 90-day tariff pause comes to an end on 9 July. Can we expect further market turmoil?