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Psion founder steps back, appoints CEO

Potter now to concentrate on strategic development

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Psion founder David Potter, currently company chairman and CEO, is to hand over the latter role to a certain David Levin from 22 February. Levin is currently COO of Euromoney Publications, which he joined as group financial director in 1994. According to Psion, Potter now intends to concentrate on strategic development, leaving day to day management to Levin. In an unfortunate coincidence this morning Euromoney shares fell back sharply as the company warned that world financial problems would probably hit its profits in its first half. ®

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