Titanic shipbuilder Harland & Wolff's CFO resigns
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FILE PHOTO: People take pictures of the landmark Samson and Goliath shipbuilding gantry cranes at the Harland & Wolff shipyard in Belfast, Northern Ireland, March 6, 2021. REUTERS/Clodagh Kilcoyne/File Photo
(Reuters) -Harland & Wolff said on Wednesday its finance chief Arun Raman has resigned from the beleaguered British shipbuilder, which is struggling to stay in business.
The company, known for building the Titanic, had last month expressed its inability to finalise its 2023 accounts on a going-concern basis, while its shares were suspended on London's Alternative Investment Market in July.
The company, which survived closure in 2019, sent its CEO on leave in July and named restructuring expert Russell Down as interim executive chairman to oversee a recapitalisation effort to secure a sustainable financial footing.
(Reporting by DhanushVignesh Babu in Bengaluru; Editing by Leroy Leo)
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