Fenner PLC Board Changes (5023A)
2016年6月8日 - 3:01PM
RNSを含む英国規制内ニュース (英語)
TIDMFENR
RNS Number : 5023A
Fenner PLC
08 June 2016
8 June 2016
Fenner PLC
("Fenner" or "the Group")
Board Changes
Fenner PLC announces that Nicholas Hobson, CEO, has stepped down
from the Board with immediate effect, and will be leaving the Group
after serving his contractual notice period. Nick will be on garden
leave for the period of notice to enable him to continue with
treatment for his ill health. Nick took a leave of absence from the
Company at the beginning of January 2016 to start medical treatment
and Mark Abrahams has led the executive function as Executive
Chairman since that time.
Nick will be in receipt of his contractual benefits for the
duration of the notice period and be treated as a Good Leaver under
the terms of the long term performance share plans, pro- rated to
the date his notice period starts.
The Board would like to extend its thanks to Nick for his many
years of valued service with the Group and wish him well in his
recovery.
The Board has commenced processes to identify external
candidates for the positions of CEO and non-executive chair. Until
a permanent CEO is identified, Mark Abrahams has agreed to step
back into the role of CEO and relinquish his chairmanship of the
Company. Vanda Murray has agreed to step in as acting Non-Executive
Chair.
ENDS
For further information please contact:
Fenner PLC
Mark Abrahams, Chief
Executive 01482 626500
Weber Shandwick Financial
020 7067
Nick Oborne / Tom Jenkins 0700
Notes to editors:
Fenner PLC is a world leader in reinforced polymer technology,
providing local engineered solutions for performance--critical
applications.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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June 08, 2016 02:01 ET (06:01 GMT)
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