THE chief executive of banknote printer De La Rue, Tim Cobbold, has resigned to join marketing services company UBM in the same role.
De La Rue, which has its main printing factory in Gateshead, said Mr Cobbold, who has been chief executive since 2011, will leave the firm on March 29.
It said Philip Rogerson, nonexecutive chairman, will be executive chairman until a new chief joins the board. Finance director Colin Child will be appointed chief operating officer on a similar basis.
Comments: Our rules
We want our comments to be a lively and valuable part of our community - a place where readers can debate and engage with the most important local issues. The ability to comment on our stories is a privilege, not a right, however, and that privilege may be withdrawn if it is abused or misused.
Please report any comments that break our rules.
Read the rules here