RC Fornax (LSE:RCFX) has announced a series of board changes as it enters the next stage of development following its AIM flotation and a record opening quarter for FY26. Non-executive chair Mark Fahy has stepped down, with existing independent non-executive director David Hitchcock appointed as the new independent non-executive chair. The board has also been strengthened with the appointment of Andrew McInerney, a former Royal Marines officer with experience in scaling growth companies, as an independent non-executive director, while managing director and head of engineering Chris Brooks has joined the board as an executive director. The company said the restructured board adds greater depth in defence, capital markets and operational delivery, supporting stronger governance, risk oversight and execution as commercial performance continues to improve.
Alongside the governance update, RC Fornax confirmed it expects to publish its audited results for the year ended 31 August 2025 in February 2026. Management noted that key financial metrics in the draft accounts are consistent with figures previously guided to the market, indicating continued operational momentum and no material financial surprises for shareholders and other stakeholders.
More about RC Fornax plc
RC Fornax plc is an AIM-quoted UK consultancy providing outcome-based engineering solutions to critical defence platforms. Founded in 2021 by former RAF officers Paul Reeves and Daniel Clark, the company focuses on improving programme efficiency and delivering value for money across air, land and maritime projects within the UK defence sector.
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