LONDON (ShareCast) - (Sharecast News) - Digital services and platforms provider Kainos said on Wednesday that long-time chairman John Lillywhite intends to retire following the group's annual general meeting on 26 September.
Lillywhite, who was instrumental back in 1986 in the creation of Kainos - a joint venture between ICL and Queen's University Belfast - was appointed chairman in 1998 and led the company to its initial public offering in July 2015

Chief executive Brendan Mooney said: "Having worked closely with John over the past 20 years, I have seen first-hand the skills and experience that John has brought to his role as Chairman - both as a private company, and over the last four years as a public company.

"That skill is reflected in the growth of Kainos and the strong performance across the financial and people-based metrics of our business."

Kainos said it has already initiated a search for Lillywhite's successor.

At 0820 BST, Kainos shares were up 1.40% at 580p.

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