KBC Advanced Technologies plc Board Changes (6839Q)
October 17 2013 - 2:00AM
UK Regulatory
TIDMKBC
RNS Number : 6839Q
KBC Advanced Technologies plc
17 October 2013
17 October 2013
KBC Advanced Technologies plc
("KBC" or "the Group")
Board changes
KBC announces that Mike Kirk, who has served as a non-executive
director of KBC for nine years, intends to retire from the board as
of 31 December 2013. In preparation for this retirement, the Board
has appointed Paul Taylor as Chairman of the Audit Committee. At
the same time, Paul also takes over as the Senior Independent
Director and has agreed to become Deputy Chairman, a new role
created to support the Executive Chairman, Ian Godden.
As previously announced, the Group continues to search for a new
non-executive director to replace Mike and to enhance the Board's
experience in international oil and gas operations. The Board hopes
to be in a position to announce an appointment in early 2014.
Mike has been a great asset to the Board during his tenure,
being a strong and steady advisor to the Company through periods of
significant change and growth and a major contributor as Chairman
of the Audit Committee and previously Chairman of the Remuneration
Committee.
Executive Chairman, Ian Godden, commented:
"It has been a great pleasure to work with Mike since I joined
the Board in 2008. His passion and enthusiasm for KBC has been a
constant theme during his tenure and he has devoted substantial
time and energy to the Company and its employees over the years. I
would like to thank him on behalf of both the Board and the Company
as a whole for his dedication and contribution to KBC and wish him
the very best for the future.
I am grateful to Paul for stepping up to the new role of Deputy
Chairman and taking over the role of Chairman of the Audit
Committee and look forward to his contribution to KBC in the
future."
- Ends -
For further information, please contact:
KBC Advanced Technologies plc
Ian Godden, Executive Chairman +44 (0)1932 236335
Caroline Brown, Chief Financial Officer +44 (0)1932 236335
Cenkos Securities plc
Bobbie Hilliam/Callum Davidson +44 (0)20 7397 8900
Weber Shandwick Financial
Nick Oborne/Stephanie Badjonat +44 (0)20 7067 0700
Notes to Editors
KBC is a leading consultancy and software provider to the
hydrocarbon processing industry. With over 30 years of experience,
operating out of 16 global locations, KBC combines industry-leading
technology with experienced engineers and operations personnel
using robust methodologies to create personalized, sustainable
solutions for its clients. For more information, visit
www.kbcat.com.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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