KBC Advanced Technologies plc Appointment of Chief Financial Officer (3298L)

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RNS Number : 3298L

KBC Advanced Technologies plc

27 April 2015

Embargoed until 0700 hrs 27 April 2015

KBC Advanced Technologies plc

("KBC" or the "Group")

Appointment of Chief Financial Officer

KBC Advanced Technologies plc is pleased to announce that Mr Eric Dodd is to be appointed as Chief Financial Officer (CFO) of the KBC Group. Eric will join KBC on 1 May 2015 and will take over from the Interim Chief Financial Officer, Andrew Hebb, who will assist with an orderly handover. Eric will serve as a member of KBC's Executive Committee and will be appointed as a Director to the KBC Board in due course.

Eric, aged 45, joins KBC from Stanmore Implants, a venture capital backed medical technology company. Prior to Stanmore Eric served on the boards of two listed companies: as Chief Financial Officer of Antisoma plc and as Group Finance Director of Morse plc. Eric qualified as a Chartered Accountant with Deloitte, has an MBA from London Business School and a BEng from Loughborough University. He is also a non-executive director at Cambridge Cognition, an AIM listed company.

Ian Godden, Chairman, commented, "We are delighted to have strengthened further the leadership of KBC with the appointment of Eric Dodd as CFO. The company now has a strong Board of Directors and executive management team in place to deliver on our key ambitions."

Andrew Howell, CEO, added, "I am looking forward to working closely with Eric, who brings a wealth of experience in financial management of consulting and technology companies. His skills are an excellent match to KBC's needs for the next phase of our growth and transformation."

Save as set out in this announcement there are no further matters to be disclosed under Rule 17 or paragraph (g) of Schedule 2 of the AIM Rules for Companies.

- Ends -

For further information, please contact:

 
 KBC Advanced Technologies plc             +44 1932 236314 
 Ian Godden, Chairman 
 Andrew Howell, Chief Executive Officer 
 
 Cenkos Securities plc                     +44 20 7397 8900 
 Bobbie Hilliam/Harry Pardoe 
 
 Weber Shandwick Financial                 +44 20 7067 0000 
 Nick Oborne/Tom Jenkins

About KBC

KBC is a leading consultancy and software provider to the global hydrocarbon processing industry. With over 30 years of experience, KBC combines industry leading technology with experienced engineers and operations personnel using robust methodologies to create personalised, sustainable solutions for its clients. For more information, visit www.kbcat.com.

To contact any of KBC's offices, please visit http://www.kbcat.com/locations.

This information is provided by RNS

The company news service from the London Stock Exchange

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