Directorate Change (9960M)
August 25 2011 - 2:03AM
UK Regulatory
TIDMHIK
RNS Number : 9960M
Hikma Pharmaceuticals Plc
25 August 2011
Hikma Appoints Robert Pickering, former CEO of Cazenove PLC, to
the Board
London, 25 August 2011 - Hikma Pharmaceuticals PLC (LSE: HIK)
(DIFX: HIK) ("Hikma"), the FTSE 250 pharmaceuticals company,
announces the appointment of Mr. Robert Pickering as an independent
non-executive director of the Company with effect from 1 September
2011.
Commenting on the appointment, Samih Darwazah, Hikma's Chairman
said, "I am delighted to welcome an individual of Robert's high
calibre and experience to the Board. He is an excellent addition
with extensive experience in advising high growth companies on
issues relating to corporate governance, strategy and global
operations."
Robert Pickering said, "Hikma has a long and impressive track
record and has strong growth prospects from its positions in the
MENA markets and internationally. Hikma is also respected for
quality and integrity across all its operations and I look forward
to joining the Board."
Mr Pickering will join the Board's Audit and Remuneration
Committees, as well as the Compliance, Responsibility and Ethics
Committee.
Mr Pickering spent 23 years at Cazenove & Co. becoming the
first Chief Executive of Cazenove Group PLC in 2001. He served as
Chief Executive of Cazenove and also JP Morgan Cazenove, the joint
venture partnership, until his retirement in 2008. He has extensive
experience of capital raising, mergers and acquisitions and of the
relationship between quoted companies and investors. Robert is a
qualified solicitor with a law degree from Lincoln College, Oxford.
He is a non-executive director of Neptune Asset Management.
- ENDS -
Enquiries:
Hikma Pharmaceuticals PLC
Susan Ringdal, Investor Relations Director +44 (0)20 7399
2760
Financial Dynamics +44 (0)20 7831 3113
Ben Atwell /Julia Phillips/Jonathan Birt/Matthew Cole
Notes to Editors
About Hikma
Hikma Pharmaceuticals PLC is a fast growing multinational group
focused on developing, manufacturing and marketing a broad range of
both branded and non-branded generic and in-licensed pharmaceutical
products. Hikma's operations are conducted through three
businesses: "Branded", "Injectables" and "Generics". Hikma's
operations are based principally in the Middle East and North
Africa ("MENA") region, where it is a market leader and sells
across 17 countries, the United States and Europe. In 2010, the
Group achieved revenues of $731 million (2009 $637 million) and
profit attributable to shareholders was $99 million (2009 $78
million).
Regulatory
There are no other details in respect of this appointment that
are relevant to be disclosed pursuant to the Listing Rules of the
Financial Services Authority or the Offered Securities Rules of the
Dubai Financial Services Authority. Mr Pickering's appointment was
made with the assistance of external recruitment consultants.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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