Altitude shares dip following departure of chief operating officer

Altitude Group revealed on Tuesday that chief operating officer Shaun Parker had resigned from the group, with immediate effect.

Parker, who Altitude said had decided to "pursue other opportunities", will be replaced by the group's current head of technology, Deborah Wilkinson, who has been with the business for 11 years.

Altitude, an AIM-listed marketplace for personalised products, said Wilkinson has "excellent industry experience" in supply chain and business operations within the promotional product space, as well as a strong track record of launching industry-leading software-as-a-service order management systems and online design tools.

Non-executive chairman Peter Hallett said: "We are delighted to welcome Deborah to the board of Altitude and her 11 years with the company, as head of technology, will stand her in very good stead to hit the ground running as we look to accelerate our growth objectives and deliver further value for shareholders."

As of 1240 BST, Altitude shares had dipped 2.76% to 88p.