(Sharecast News) - Accesso Technology Group announced the passing of its chief financial officer Fern MacDonald on Tuesday, after a battle with cancer.

The AIM-traded company expressed sadness over the loss, extending condolences to MacDonald's family.

In response to the unexpected loss, Accesso said it had appointed its vice-president of finance Matthew Boyle as interim CFO, effective immediately.

Boyle, who had been with the company for five years and served as MacDonald's deputy for two of those years, would bring considerable experience to the role, the board said.

Prior to joining Accesso, he spent eight years at BDO UK.

"On behalf of the Accesso board I would like to express my sincere condolences to Fern's family," said non-executive chairman Bill Russell.

"Quite apart from being a model CFO she was an outstanding person whose contribution to the company was immeasurable.

"She will be sorely missed by all."

Reporting by Josh White for Sharecast.com.