AB Dynamics PLC Board changes - Tim Rogers appointed CEO (6327M)
October 17 2016 - 2:00AM
UK Regulatory
TIDMABDP
RNS Number : 6327M
AB Dynamics PLC
17 October 2016
AB Dynamics plc
("ABD" or the "Company")
Board changes - Tim Rogers appointed CEO
AB Dynamics plc (AIM: ABDP) the designer, manufacturer and
supplier of advanced testing systems and measurement products to
the global automotive industry announces that on 17 October 2016
Tim Rogers, currently Managing Director of the Company, has today
been appointed Chief Executive Officer. Tony Best, currently
Executive Chairman will become Non-Executive Chairman. Tony wishes
to take a slightly less active part in the Company, coupled with
the fact that over the past 24 months Tim Rogers has been
progressively moving into the CEO role. Tony will continue to
provide expertise and support to the Company's development
team.
Tony Best, Chairman said:
"With the Company in good shape, in which so much has been
achieved in the past 30 years, most notably in the last 4 years
since the Company listed on AIM and under a very capable management
led by Tim, I have steadily been able to take a less active role in
the Company. I will continue to provide support and assistance to
the business, albeit on a reduced level."
For further information please contact:
AB Dynamics plc
Tim Rogers, Chief Executive
Officer
Tony Best, Non-Executive
Chairman 01225 860 200
Cairn Financial Advisers
LLP (Nomad)
Tony Rawlinson
Liam Murray 0207 213 0170
Cantor Fitzgerald Europe
(Broker)
David Foreman
Phil Davies 0207 894 7000
Newgate (PR)
Adam Lloyd
Helena Bogle 0207 653 9850
Overview of AB Dynamics plc
ABD is a leading designer, manufacturer and provider of advanced
testing and measurement products for vehicle suspension, brakes and
steering to the global automotive research and development sector.
The Group was founded in 1982 and listed on AIM in May 2013. The
Group is headquartered in Bradford on Avon employing approximately
80 staff. ABD currently supplies all of the top twenty automotive
manufacturers, including Honda, Toyota, Ford and Volkswagen, who
routinely use the Group's products to test vehicle safety and
dynamics.
This information is provided by RNS
The company news service from the London Stock Exchange
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October 17, 2016 02:00 ET (06:00 GMT)