Eqtec CEO Ian Price stands down

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Waste gasification to energy project group Eqtec said chief executive Ian Price had stood down, with immediate effect.

He had been replaced by David Palumbo, who was appointed commercial director in June and had been involved in an advisory capacity with the group since 2014.

Price would remain as part of the company's senior management team.

'The board would like to thank Ian for his contribution as chief executive, overseeing the final stages of the integration of the transformational merger with Eqtec Iberia and the operational re-focus of the group's business,' chairman Ian Pearson said.

'His extensive experience in the UK RDF market will continue to benefit the group in his new role.'

At 1:29pm: (LON:EQT) Eqtec Plc Ord Eur0.001 share price was -0.01p at 0.21p