Fenner PLC Directorate Change (8587Z)
December 20 2017 - 2:00AM
UK Regulatory
TIDMFENR
RNS Number : 8587Z
Fenner PLC
20 December 2017
20 December 2017
This announcement contains inside information
Fenner PLC
("Fenner" or "the Company" or "the Group")
Appointment of Chief Executive Officer
Fenner PLC is pleased to announce the appointment of Brett
Simpson as its new Chief Executive Officer.
Mr Simpson will join the Company on 1 May 2018 and will take
over from Mark Abrahams as Chief Executive Officer from that date.
Mr Abrahams, who temporarily resumed the role of Chief Executive
Officer at short notice in January 2016, will retire from his
executive position and the Board upon the appointment of Mr
Simpson; he will be retained on a consultancy basis for a period of
time to enable an orderly handover.
Mr Simpson, who has been Chief Executive Officer of Low &
Bonar PLC since 8 September 2014, is an experienced Chief Executive
Officer and will bring a breadth and depth of knowledge to the
role. He qualified as a chemical engineer, having started his
career at The Dow Chemical Company in 1986. He has extensive
knowledge of polymers and industrial textiles and has significant
international experience having lived and worked in the USA, China
and Europe.
Mr Simpson is 53 and an Australian national, living in the
UK.
There is no information required to be disclosed pursuant to the
Listing Rule 9.6.13.
Vanda Murray O.B.E., Chairman of Fenner, commented:
"We are delighted to welcome Brett to the Board of Fenner. With
his industry background, track record and international experience
he will bring deep strategic and commercial acumen and strong
general management skills as we move Fenner into its next phase of
growth."
"I would like to thank Mark Abrahams personally for his sterling
work in having stepped back into the Chief Executive Officer role
and for having stabilised the Group and, in conjunction with the
senior management team, returned it to growth. He has been
passionate about Fenner and is now able to pass the baton over to a
strong
successor. I wish Mark well in his retirement."
The person responsible for making this announcement is:
Debra Bradbury - Group Company Secretary
ENDS
For further information please contact:
Fenner PLC
Vanda Murray 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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