Genus PLC Appointment of Chief Financial Officer (9637T)
November 20 2019 - 2:00AM
UK Regulatory
TIDMGNS
RNS Number : 9637T
Genus PLC
20 November 2019
For Immediate Release 20 November 2019
Genus plc
('Genus', or the 'Company')
Appointment of Chief Financial Officer
Genus plc (LSE: GNS), a leading global animal genetics company,
is pleased to announce that Alison Henriksen has been appointed by
the Board as Chief Financial Officer with effect from 13 January
2020.
Alison Henriksen has over 25 years of international experience
in finance, operating across Europe, Australia, Asia, the US and
South Africa. She has a proven track record of driving performance
in public and privately held organisations, both business to
business and business to consumer facing.
Alison is currently the Chief Financial Officer of V. Group, a
global leader in ship management and based in the UK. Her past
appointments include Finance Director, UK & Ireland and Finance
Director, Australia at Compass Group plc, and Chief Financial
Officer of Specialty Fashion Group Ltd, a former ASX listed
company. She started her career at Ernst and Young in her native
Australia and, after qualifying as a chartered accountant, spent
nine years in their London practice, the majority of which was in
Corporate Finance, supporting clients with M&A
transactions.
Stephen Wilson, Chief Executive of Genus, commented on Alison's
appointment;
"I am delighted to welcome Alison as Chief Financial Officer to
Genus. She brings deep commercial and financial expertise across a
wide range of industries, as well as extensive M&A experience.
I am confident that Alison will help drive Genus in the next stage
of our continued growth, and the implementation of our strategic
vision."
Genus Tel: +44(0)1256
345970
Stephen Wilson, Chief Executive
Buchanan Tel: +44(0)207
466 5000
Charles Ryland /Chris Lane /
Vicky Hayns
This announcement is available on the Genus website
www.genusplc.com
About Genus
Genus is a world-leading animal genetics company. Genus creates
advances to animal breeding and genetic improvement by applying
biotechnology and sells added value products for livestock farming
and food producers. Its technology is applicable across livestock
species and is currently commercialised by Genus in the dairy, beef
and pork food production sectors.
Genus's worldwide sales are made in over seventy-five countries
under the trademarks 'ABS' (dairy and beef cattle) and 'PIC' (pigs)
and comprise semen, embryos and breeding animals with superior
genetics to those animals currently in farms. Genus's customers'
animals produce offspring with greater production efficiency, and
quality, and use these to supply the global dairy and meat supply
chains.
The Group's competitive edge has been created from the ownership
and control of proprietary lines of breeding animals, the
biotechnology used to improve them and its global supply chain,
technical service and sales and distribution network.
With headquarters in Basingstoke, United Kingdom, Genus
companies operate in over twenty-five countries on six continents,
with research laboratories located in Madison, Wisconsin, USA.
Regulatory Notes
Details of payments to be made to Alison Henriksen will be
disclosed in full in the Company's 2020 Directors' Remuneration
Report. Any such terms will be consistent with the Company's
Directors' Remuneration Policy approved by shareholders at its
Annual General Meeting on 14 November 2019.
This announcement is made in accordance with Listing Rule
9.6.11R. There are no matters to be disclosed in connection with
Listing Rule 9.6.13R (2) - (6).
This announcement contains inside information for the purposes
of Article 7 of Regulation 596/2014. The person responsible for
making this announcement on behalf of the Group is Dan Hartley
(General Counsel and Company Secretary).
As previously announced, Janet Duane has been acting as the
Company's interim Group Finance Director. Janet will revert to her
role as Group Financial Controller upon Alison Henriksen's
appointment and will support Alison's transition. Janet will cease
to be a Person Discharging Managerial Responsibility with effect
from 13 January 2020.
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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