Chemring Group PLC Directorate Change (6456I)
27 7월 2012 - 3:01PM
UK Regulatory
TIDMCHG
RNS Number : 6456I
Chemring Group PLC
27 July 2012
FOR IMMEDIATE RELEASE 27 JULY 2012
CHEMRING GROUP PLC
APPOINTMENT OF INTERIM CHIEF FINANCIAL OFFICER
Chemring Group PLC ("Chemring" or "the Group") today announces
the appointment of Nigel Young as its Interim Chief Financial
Officer. Nigel starts with immediate effect and replaces Paul
Rayner who will step down on 31 July 2012.
Nigel (59) has considerable experience within both the defence
and manufacturing industries. He was finance director of United
Scientific Holdings PLC (subsequently ALVIS PLC), First Technology
PLC and Babcock International PLC. More recently, he was Group
Finance Director of the FTSE 250 company, Morgan Crucible Company
plc, until he retired in 2004. Since then Nigel has undertaken a
number of charitable, interim and consultancy roles, including the
UK Atomic Energy Authority and McBride PLC.
The process of selecting a permanent candidate for the role of
Chief Financial Officer is ongoing, and the Group will make a
further announcement in due course.
As Nigel will not be appointed to the Chemring Board, there are
no disclosures required to be made in accordance with LR 9.6.13R of
the Listing Rules of the UK Listing Authority.
For further information:
Director of Communications and
Investor Relations, Chemring
Rupert Pittman Group PLC 01489 881880
Emma Crawshaw Cardew Group 020 7930 0777
Notes to Editors:
-- Chemring is a manufacturing business with facilities in eight
countries selling high technology electronics and energetic
products to over eighty countries worldwide.
-- The Company has a diverse portfolio of products protecting
military people and platforms against a constantly changing
threat.
-- Operating in high margin, niche markets with short product
development timescales, Chemring has the agility to rapidly react
to urgent customer needs.
-- Chemring adopts a balanced strategy of organic growth and
small bolt-on acquisitions, and maintains balanced geographic and
market profiles, with a growing presence in non-NATO countries.
-- Strong R&D investment for new products and improvements
in technology continually allows Chemring to expand its addressable
markets.
www.chemring.co.uk
This information is provided by RNS
The company news service from the London Stock Exchange
END
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