Xaar boss departure sparks fears
Xaar chief executive Ian Dinwoodie yesterday announced he would retire from the printing technology group in 2015. The news of Dinwoodie’s departure came alongside 2013 pre-tax profits of £40.1m, up 123 per cent from 2012. Dinwoodie’s departure announcement sparked a 9.3 per cent drop in Xaar’s share price to 905p. “My decision is entirely a personal one, and I remain fully committed to continuing the development of the company,” he said.