Fitbug promotes product manager to chief executive

AIM listed Fitbug has appointed Anna Gudmundson as chief executive officer.

Gudmundson, who ran her own consultancy, was interim product director at the fitness tracker firm since February 2015.

In a release, Fitbug said Gudmundson had more than 10 years of management experience in the technology sector.

Shares in Fitbug rose by 12.18% to 2.44p to 1257 BST.