MOSL seeks new chief following sudden departure of Scoggins

MOSL’s chief finance officer Steve Lyon is holding the fort while the market operator looks for a new chief executive following the sudden and unexplained departure of Chris Scoggins last week.

Chair Jim Keohane wrote to trading parties to say Scoggins “is no longer acting in his capacity of CEO of MOSL” and that the board was “actively engaged in securing a successor”. It intends to appoint an interim while the search is underway and has asked Lyon to oversee “operational issues normally handled by the CEO” in the meantime.

Scoggins’ exit comes only days after MOSL moved to Southampton, understood to be near Scoggins’ base, and as it seeks member support for its 2019/20 business plan.