Gooch & Housego PLC Director Retirement (7050F)

TIDMGHH

RNS Number : 7050F

Gooch & Housego PLC

29 April 2014

 
 For immediate release   29 April 2014

Gooch & Housego PLC

("G&H" or the "Company")

Director Retirement

Gooch & Housego PLC, the specialist manufacturer of optical components and systems, announces that Mr Terry Scribbins has advised the Board of his intention to retire on 31 May 2014. He will resign from the Board, and from his position as Chief Operating Officer, with effect from that date.

The Company has been engaged in a succession planning process for several months in preparation for the anticipated retirement of Mr Scribbins later this year. The recruitment of his successor is well advanced. For personal reasons Mr Scribbins has made the decision to retire earlier than was planned. During the period between Mr Scribbins retirement and the appointment of his successor the functions of the Chief Operating Officer will be covered by the other members of the executive team.

Gareth Jones, Chief Executive of Gooch & Housego commented: -

"Terry Scribbins has been a valued colleague for many years. I would like to thank him for the tremendous contribution that he has made to Gooch & Housego since he was appointed to the Board seven years ago. In his role as COO Terry has played an invaluable role in supporting the growth of Gooch & Housego, which has acquired six businesses and more than doubled in turnover during that period. On behalf of everyone at Gooch & Housego I would like to wish him a happy and healthy retirement."

 
 For further information 
  contact: - 
 Gareth Jones / Andrew Boteler    Gooch & Housego PLC     01460 256440 
 Tim Thompson / Gabriella 
  Clinkard                        Buchanan               020 7466 5000 
 Patrick Robb / David Anderson    Investec Bank plc      020 7597 5970

This information is provided by RNS

The company news service from the London Stock Exchange

END

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