Chrysalis VCT plc
11 September 2008
Chrysalis VCT plc announces that Robert Drummond has stepped down from the chairmanship in order to play a part-time executive role in the self-managed VCT's investment management company. The role will initially be for a three month period.
Non-executive director, Peter Harkness, will chair the company on an interim basis.
Mr Harkness said: "Chrysalis has enjoyed an exceptional period of success which includes a number of lucrative realisations and Robert will be a significant resource for the management company. We will re-assess the situation towards the end of the year."
Mr Drummond remains on the VCT Board.