Latest news with #TimRudman
Reuters
22-07-2025
- Business
- Reuters
UK currency risk firm Argentex's interim CEO steps down
July 22 (Reuters) - British currency risk management company Argentex (AGFX.L), opens new tab said on Tuesday that Tim Rudman has resigned as the company's interim CEO, days after it appointed administrators amid a funding shortfall.
Bloomberg
25-04-2025
- Business
- Bloomberg
Argentex Replaces CEO as Forex Firm Clinches Rescue Deal
Argentex Group Plc's chief executive officer resigned just hours before the troubled currency management firm clinched a deal that it hopes will allow it to recover from a sudden cash squeeze triggered by the tariff-driven slump in the dollar. Jim Ormonde, who has run the London-listed firm since October 2023, will be replaced by Chief Operating Officer Tim Rudman, according to a statement Friday. The company was hit hard by its positions in the dollar, which has declined about 3.5% against major currencies since US President Donald Trump's tariff announcements on April 2.
