Laura Denner elevated to CFO position at Itaconix

Speciality polymers company Itaconix announced the promotion of Laura Denner from group director of finance and operations to chief financial officer on Friday, with effect from 1 September.

The AIM-traded firm said Michael Norris would step down after serving as the company's interim chief financial officer since 1 September last year.

It said Denner had assumed increasing financial and operational responsibilities since joining Itaconix as financial controller in 2013.

Her major accomplishments included a “steady stream” of projects to build a “strong” operating and accounting base for the company's growth needs.

Denner is a Certified Public Accountant, having previously worked as audit manager at Feeley & Driscoll - now part of BDO - and held a master of science in accounting from Boston College and a bachelor of science in accounting and international studies from Bryant University.

“I greatly appreciated Michael's strong support as we worked together to restructure operations and move Itaconix into its new commercial phase,” said chief executive officer John R Shaw.

“Laura worked closely with Michael over the last year and had lead responsibilities on major portions of this process.

“Her experience and leadership in developing our operations and finances have positioned us for on-going commercial success.”