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.
Sign up for MoneyWeek's newsletters
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.
-
Cash in on the growth prospects of Europe's companies
Opinion Marcel Stötzel, co-portfolio manager of the Fidelity European Trust, selects three stocks
By Marcel Stotzel Published
-
Is the AI boom another dotcom bubble?
25 years on from the dotcom bubble bursting, is it time for investors to consider the sustainability of the AI boom in the stock market?
By Dan McEvoy Published