Leighton takes over as Pace chairman
Allan Leighton has taken the role of non-executive chairman of set-top box maker Pace. His appointment was announced in May. He takes over from Mike McTighe, who is stepping down after a decade at Pace, with five years under his belt as chairman. McTighe will continue as a non-executive director until he retires at the end of August. Shares in Pace crashed 39 per cent last month after an unscheduled trading statement warned that profits for the year would be worse than forecast.