Last checked at 23 Oct 2012 07:00
FOR IMMEDIATE RELEASE 23 October 2012
CHEMRING GROUP PLC
Board Changes
Chemring Group PLC today announces the appointment of Mark Papworth as Chief Executive Officer with effect from 5 November 2012. He will replace Dr David Price, who has resigned with immediate effect.
Mark formerly worked at Wood Group plc, a leading FTSE 100 company, where he served as Chief Executive Officer of the Gas Turbines Services division from 2005 and also as an Executive Director on the Board from 2006. His career has covered high technology, service and manufacturing companies serving aerospace, energy and infrastructure markets. During his tenure at Wood Group he implemented and delivered a strategic review which resulted in a successful turnaround, improved manufacturing capabilities and substantial improvements in profitability.
Prior to his time at Wood Group plc, Mark spent two years as Executive Vice President of Rolls-Royce Energy based in the United States of America, and thirteen years with Alstom Power in various roles, finally as Managing Director of the Industrial Gas Turbines division.
There are no other matters requiring disclosure under Listing Rule 9.6.13.
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For further information:
Rupert Pittman Director of Communications & 01489 881 880 /
Investor Relations, rupertp@chemring.co.uk
Chemring Group PLC
Anthony Cardew / Cardew Group 020 7930 0777
Emma Crawshaw