IN BRIEF: Victrex hires Ian Melling from Smith & Nephew as new CFO

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Victrex PLC - Lancashire, England-based speciality chemicals firm - Announces Ian Melling as new chief financial officer from July 4. He is currently the senior vice-president of corporate finance and research & development for Smith & Nephew PLC, a medical technology company based in Watford, England. Current CFO Richard Armitage will resign his role on May 27. Finance Director Mike Ward will serve as interim CFO in the intervening period, the company says.

Current stock price: 1,778.00 pence, down 3.4% on Tuesday

12-month change: down 21%

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