LONDON—Fenner P.L.C. CEO Nicholas Hobson has stepped down from the company's board of directors, citing medical reasons, and he will leave the Fenner group of companies after completing his contractual notice period.
He will be on leave of absence during the notice period to allow him to deal with his ill health, according to the firm, which is the parent of conveyor belt manufacturer Fenner Dunlop P.L.C.
Until a permanent replacement for Hobson is found for the posts of CEO and non-executive chairman of the board, Mark Abrahams will serve as CEO and relinquish his position as chairman of the company.
Vanda Murray was named acting non-executive chairman.
Hobson has been on leave of absence from Fenner since January to treat health problems.
Fenner, headquartered in Hessle, England, manufactures industrial belting, medical components and devices, hoses and other polymer-based products.