(SHARECAST) – Andrew Cherry, finance director of Volex Group, has purchased 600,000 ordinary shares at 25p each for a total of £150,000.
Cherry has been in the position at the power cords and cable assemblies supplier since February 2009.
He previously held a number of financial executive positions at companies including SpinVox, Vodafone UK, Cable & Wireless Jamaica and GoIndustry.
Cherry holds an MBA from Kellogg Graduate School of Management and is a Fellow of the Institute of Chartered Accountants of England and Wales.
On 2 November, Volex announced a 43 percent jump in revenues to £157m for the half year to October, while pre-tax profit soared from £1.7m to £7m.
Following this purchase, Cherry holds total conditional share awards over 905,623 ordinary shares. In addition, he holds 41,765 ordinary shares.
Big Data software company WANdisco has appointed Erik Miller as chief financial officer and with immediate effect
The finance chief of the Daily Mail has been recruited by Rolls-Royce after a management shake-up at the engineering group has resulted in the departure of its chief financial officer
Global mining company Anglo American has appointed Stephen Pearce as finance director, following René Médori's decision to retire
Three former Tesco executives, including the former finance director of Tesco UK, have denied charges of fraud and false accounting in relation to a £326m accounting scandal at the supermarket