Last checked at 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