The founder and two senior executives of staff at Strat Aero plc, an international aerospace company, have announced their departure from the company following its decision to withdraw its training service.
Graham Peck, the company’s executive chairman, and Mark Wharry, director of commercial UAS training and education, have tendered their resignations with Peck stepping down from his board role with immediate effect.
Peck, who was a founder of the company and led Strat Aero through its IPO and ran its training operations, will still be able to access and use the business’ AUTQ training course materials.
The board also announced that Iain McLure, chief executive of the company, has also tendered his resignation with immediate effect.
McLure joined Strat Aero in April 2016 when the company faced a series of challenges and he has successfully concluded a process of rationalisation, restoring Strat Aero to a stable position.
The company has stated that McLure has decided to pursue other opportunities having achieved his goals with the company.
Gary Nel, director of engineering and survey, will continue to manage this division and the board will make a further announcement in respect of the appointment of a chairman in due course.
Trevor Brown, executive director, commented: “We thank Graham, Iain and Mark for their contributions to the business, and wish them all the best in their endeavours. I am confident that with these changes the company has a reinvigorated board now able to deliver shareholder value from a significantly reduced cost base”