Chief executive quits manufacturer amidst critical battle to secure funding
The chief executive of graphene manufacturing business Versarien has quit the business he co-founded, while it battles to secure funds to provide stability.
Neill Ricketts' departure from the AIM-listed group after 12 years was revealed in a short, 60-word statement which did not include any comments thanking him. Versarien's share price plunged by more than 50% when the markets opened this morning.
Versarien has struggled with successfully commercialising its innovations and last month reported a pre-tax loss of £8.4m for the ... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...