Sondrel (Holdings) plc announced on 14 May 2024, David Mitchard, currently Interim Chief Executive Officer, will assume the position of Chairman upon completion of the proposed subscription to raise £5.6 million announced on that same date, whilst also remaining in the role of Interim CEO until John Chubb joins Sondrel on 18 July 2024 and an orderly handover period of CEO duties to Mr. Chubb has been completed.