Fulcrum announced that Terry Dugdale, CEO of the Company, has decided to step down from his role as CEO in order to resume an operational role within the business. He will step down from the Board with immediate effect and resume the role of Group COO ("GCOO"). The Board announced that Antony Collins has agreed to join the Group as Interim Chief Executive Officer.

Antony brings extensive experience combined with powerful implementation and leadership skills. He has a strong operational background in managerial control and processes which, combined with Terry's knowledge of the business and operational capabilities, gives the Board confidence that Antony is well placed to lead the Group whilst a permanent successor is sought. Most recently Antony was Interim CEO at Carclo plc.