Molins PLC Directorate Change (7740K)
July 12 2017 - 2:00AM
UK Regulatory
TIDMMLIN
RNS Number : 7740K
Molins PLC
12 July 2017
12(th) July 2017
MOLINS PLC
("Molins" or the "Company")
Board Changes
The Board of Molins PLC, the global packaging solutions group,
announces the appointment to the Board of Jim Haughey, who will
succeed David Cowen as Group Finance Director.
Jim, a Chartered Accountant, has spent the last seven years with
Bodycote plc as Group Financial Controller, where he played an
important role in the management of three significant US
acquisitions. He previously held senior financial positions at FKI
PLC, Bridon PLC and Certex Europe. He began his career at Touche
Ross in 1988 before joining Bridon as Assistant Group Financial
Controller in 1992.
Jim's appointment will take effect on 25 November 2017 and will
further strengthen the executive leadership as it focuses on the
delivery of the Company's strategic objectives set out earlier this
year.
David Cowen will, following completion of the sale of the
Instrumentation & Tobacco Machinery division, step down from
the Board and leave the Company on 30 September 2017 after serving
18 years to pursue new challenges. He has agreed to remain on hand
for approximately three months thereafter to effect an orderly
handover of his responsibilities.
Phil Moorhouse, Chairman of Molins PLC, commented:
"It is a great pleasure to welcome Jim to Molins. His extensive
financial, M&A and international experience at a senior level
will be extremely valuable as Molins looks to execute its long term
growth strategy.
"I would also like to thank David Cowen for his valued
contribution to Molins over the last 18 years and we wish him all
the very best for the future."
For further information, please contact:
Molins PLC Tel: +44(0)1908 246870
Phil Moorhouse, Chairman
Tony Steels, Chief Executive
Panmure Gordon (UK) Limited Tel: +44(0)20 7886 2500
(NOMAD)
Andrew Potts, Peter Steel
- Corporate Finance
James Stearns - Corporate
Broking
Hudson Sandler Tel: +44(0)20 3178 6378
Nick Lyon, Jasper Bartlett
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 in respect of James (Jim) Robert
Haughey, age 50.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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