MBL group loses CEO, FD

THE ACTING chief executive/finance director of UK distributor and wholesaler of Home Entertainment Products MBL group has left with immediate effect.

Acting CEO and FD Lisa Clarke, who has been with the group for a decade, announced she was stepping down from from her roles last Friday.

Tim Jackson-Smith will become both chief executive and chairman on an interim basis.

Jackson-Smith said: “On behalf of the board, I would like to thank Lisa for the significant contribution she has made to the company over the last ten years and we wish her the best of luck in her future endeavours.”

Clarke’s latest resignation comes hot on the heels of the departure of the group’s chairman Tony Johnson, who announced his resignation as a director with immediate effect on 4 October.

Jackson-Smith replaced Johnson as chairman. Shareholders were notified last month of a new date for the delayed general meeting to be held on 6 December.

A spokesman for the company would not comment further.