Gooch & Housego PLC CFO Succession (5484I)
November 27 2018 - 2:02AM
UK Regulatory
TIDMGHH
RNS Number : 5484I
Gooch & Housego PLC
27 November 2018
For immediate release 27 November 2018
Gooch & Housego PLC
("G&H" or the "Company")
Chief Financial Officer ('CFO") Succession
Gooch & Housego PLC, the specialist manufacturer of optical
components and systems, announces that, after more than 10 years as
Chief Financial Officer, Andy Boteler has decided to step down from
the Board in the summer of 2019 as part of a managed succession
process.
A specialist recruitment agency, Warren Partners, has been
appointed to assist in identifying the new CFO. Andy has committed
to remain at the Company until his successor is appointed.
Mark Webster, CEO of Gooch & Housego, commented:
"Andy has been an important part of G&H's success over many
years. His deep knowledge of the business, his energy and his
considerable ability will all be missed. I would like to thank Andy
personally for his support and advice during my time as CEO.
"All of his friends and colleagues at the Company wish him well
in his future endeavours."
For further information
contact: -
Mark Webster / Andrew Boteler Gooch & Housego PLC 01460 256440
Mark Court / Sophie Wills Buchanan 020 7466 5000
Patrick Robb / David Anderson Investec Bank plc 020 7597 5970
Notes to editors
1. Gooch & Housego is a photonics technology business
headquartered in Ilminster, Somerset, UK with operations in the USA
and Europe. A world leader in its field, the company researches,
designs, engineers and manufactures advanced photonic systems,
components and instrumentation for applications in the Aerospace
& Defence, Industrial, Life Sciences and Scientific Research
sectors. World leading design, development and manufacturing
expertise is offered across a broad range of complementary
technologies.
2. All financial information included in this announcement is
sourced from unaudited management accounts and excludes any
specific items. This announcement contains certain forward-looking
statements that are based on management's current expectations or
beliefs as well as assumptions about future events. These are
subject to risk factors associated with, amongst other things, the
economic and business circumstances occurring from time to time in
the countries and sectors in which G&H operates. It is believed
that the expectations reflected in these statements are reasonable
but they may be affected by a wide range of variables which could
cause actual results, and G&H's plans and objectives, to differ
materially from those currently anticipated or implied in the
forward-looking statements. Investors should not place undue
reliance on any such statements. Nothing in this announcement
should be construed as a profit forecast.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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