AIREA Regulatory News (AIEA)

13 Jun 2008 08:15



AIREA plc ("AIREA" or "the Group")

13 June 2008

Appointment of Chief Executive

AIREA announces that Neil Rylance, 51, has been appointed chief executive of the Group with immediate effect. Neil joined the Group as managing director of the Group's floor coverings business on Monday 2 June 2008. Neil is an experienced business leader with a strong background in multinational manufacturing companies serving customers in competitive markets. Most recently he was Executive Vice President - Europe with Field Group where he was a key driver of profit growth.

Directorships held within the previous five years (all of which have been resigned from) are as follows:-

Berry's (Holdings) Limited

Boxmore Cleland Limited

Bourgeot-Etiqso-Lesbats SA

Boxmore Healthcare Packaging Europe NV

Boxmore International Limited

BPG Healthcare Systems Limited

Berry's Printing Works (Westport) Limited

Boxmore Technology Limited

Chesapeake & Sons Limited

Chesapeake Brussels NV

Chesapeake Belfast Limited

Chesapeake Bornem NV

Chesapeake Branded Packaging Madrid S.L.

Chesapeake Bristol Limited

Chesapeake Duren GmbH

Chesapeake France S.A.

Chesapeake Gent NV

Camro Graphics Limited

Chesapeake Pharmaceutical and Healthcare Packaging (Dublin) Limited

Chesapeake Pharmaceutical and Healthcare Packaging (Limerick) Limited

Chesapeake Pharmaceutical and Healthcare Packaging (Westport) Limited

Chesapeake Hillington Limited

Chesapeake Melle GmbH

Chesapeake Plastics Limited

Chesapeake plc

Chesapeake Shared Services Benelux NV

Field Boxmore Bourne (Holdings) Limited

Field Boxmore Bedford Limited

Field Boxmore Bourne Limited

Field Boxmore Bristol (Holdings) Limited

Field Boxmore GB Limited

Field Boxmore Ireland Limited

Field Boxmore Label Systems Limited

Field Boxmore Tewkesbury Limited

First Carton Group Limited

First Carton Pazo Limited

First Carton Thyne Limited

Field First Congleton Limited

Field First Limited

Field Boxmore II Limited

Field Boxmore Limited

Fernlace Limited

Field Packaging Limited

GCM Print & Packaging Service Limited

Lithoprint Holdings Limited

Label Research Limited

Viprint BVBA

William W Cleland Holdings Limited

Neil Rylance said "I am pleased to be taking on this role with AIREA at such an exciting time in its development, when there are significant opportunities for improvement."

Tim Vernon, chairman, said "We are delighted to appoint someone of Neil's calibre as chief executive."

There are no further disclosures required to be made in respect of Mr Rylance with regard to paragraph (g) of Schedule 2 of the AIM rules. 

For further information please contact:

AIREA plc 01924 266 561

Tim Vernon - Chairman

Kevin Henry - Group Finance Director & Company Secretary

Brewin Dolphin Investment Banking 0845 213 4730

Andrew Kitchingman

ENDS