Micro Focus International plc Directorate Change (1354L)
09 January 2021 - 3:37AM
UK Regulatory
TIDMMCRO
RNS Number : 1354L
Micro Focus International plc
08 January 2021
8 January 2021
Micro Focus International plc
Directorate Change
Micro Focus International plc ("Micro Focus" or "the Group"),
the global enterprise software company, announces today that Brian
McArthur-Muscroft, Chief Financial Officer ("CFO"), has notified
the Board of his intention to leave Micro Focus and assume the CFO
position at a technology based financial services company.
Brian will continue in his role as CFO of Micro Focus for a
period of approximately six months, whilst the Board conducts a
formal process to identify a new CFO to help drive the Group
forward through the second half of our three year plan and
beyond.
Stephen Murdoch, Chief Executive Officer, Micro Focus commented
"On behalf of the Board, I would like to thank Brian for his
significant contribution to the Group and wish him well in his new
opportunity. I look forward to continuing to work with Brian during
the transition as we seek to further accelerate progress on our
transformation."
Brian McArthur-Muscroft commented "We have made good progress in
laying the right operational and financial foundations for future
success. Following the transition period, I believe the time will
be right for me to hand over to a new CFO to support Stephen and
the leadership team in unlocking the significant opportunities for
value creation that exist within Micro Focus."
This announcement contains information that was previously
Inside Information, as that term is defined in the Market Abuse
Regulation (Regulation (EU) No 596/2014 of the European Parliament
and of the Council of 16 April 2014) and successor UK
legislation.
Enquiries:
Micro Focus Tel: +44 (0)1635 32646
Stephen Murdoch, CEO Investors@microfocus.com
Brian McArthur-Muscroft, CFO
Ben Donnelly, Investor relations
Brunswick Tel: +44 (0) 20 7404 5959
Sarah West MicroFocus@brunswickgroup.com
Jonathan Glass
Notes to Editors:
About Micro Focus
Micro Focus (LSE: MCRO.L, NYSE: MFGP) is a global enterprise
software company supporting the technology needs and challenges of
the Global 2000. Our solutions help organizations leverage existing
IT investments, enterprise applications and emerging technologies
to address complex, rapidly evolving business requirements while
protecting corporate information at all times. Our product
portfolios are Security, IT Operations Management, Application
Delivery Management, Information Management & Governance and
Application Modernization & Connectivity. For more information,
visit: www.microfocus.com
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END
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