ANALYST VIEWS: IS THE APPOINTMENT OF ALLAN LEIGHTON POSITIVE FOR PACE?
IAN ROBERTSON | SEYMOUR PIERCE
Allan Leighton has an impressive track record. That said, we are concerned as to whether he will have enough time given his extensive other commitment. We hope he doesn’t enter the company under the impression that the most important thing is technology … The key factor is delivering the product on time.
VIJAY ANAND | ESPÍRITO SANTO
The appointment of Allan Leighton as the new non-executive chairman is a positive step, in our view. Given the recent disappointing updates along with Pace’s poor investor communication, a change of leadership is welcome.
JONATHAN IMLAH | COLLINS STEWART
Leighton has a wealth of experience in executive and non-executive roles. The appointment comes after a ‘thorough and exhaustive search’, suggesting that the process has been underway for some time and is therefore unconnected with the recent profit warning.