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Induction Healthcare says Shelley Fraser leaving her position as its chief financial officer with im


Induction Healthcare Group PLC (LON:INHC) a leading healthcare technology company that helps achieve digital transformation for hospitals, announced that Shelley Fraser has resigned from her position as its chief financial officer and from the group’s board with immediate effect.

The company said Fraser will leave the company following a short handover period to ensure an orderly transition of responsibilities to Olly Drake, former CFO of Zesty Ltd, who will be Interim Group CFO.

READ: Induction Healthcare Group unveils contract with the Royal Free London NHS Foundation Trust

Induction Healthcare noted that Drake previously worked at BDO and was UK Finance Director at Next Fifteen Communications Group PLC. The company said it will commence a search for Fraser’s successor during the current quarter.

The company also noted that its current trading and outlook remain in line with previous guidance.

In a statement, Chris Spencer, Induction Healthcare’s non-executive chair commented: “On behalf of the Board, I would like to thank Shelley for her contribution during her time with us and we wish her well for the future. We look forward to providing a further update on the Company’s progress in 2021.”

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