Simclar Exec Departs

Stock quotes in this article: SIMC  

Simclar (SIMC Quote) said finance chief Steven T. Ker resigned.

"In his tenure as CFO Steven has made a positive impact on the Company," said vice president of finance Ian Durie. "Steven's departure is for personal reasons, and has nothing to do with the business or operations of the company. Steven will be available for consultation after his departure until we have recruited a replacement. We wish Steven success in his future."

Simclar, a Hialeah, Fla., electronics contract manufacturer, said the resignation is effective Dec. 23.

On Tuesday, Simclar rose 6 cents to $3.58.

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