Last checked at 2 Sep 2013 07:00
AIM: CMH
CHAMBERLIN plc
("Chamberlin" the "Company", or the "Group")
Appointment of Chief Executive
Chamberlin, the specialist foundry and engineering group, is pleased to announce the appointment of Kevin Nolan as Chief Executive, with effect from 9 September 2013. Accordingly, in line with the Company's announcement of 21 May, Tim Hair will step down from his role as Chief Executive and Company Secretary, and from the Board of Directors on 9 September. He will remain available for a period thereafter to assist with an orderly transition.
Kevin has 30 years' senior level experience in the engineering sector and joins Chamberlin from global materials engineering group, Wall Colmonoy Ltd, where he was Managing Director. Previously, Kevin worked for Doncasters Group Ltd ("Doncasters"), the international engineering group which manufactures precision components and assemblies, from 1999 until 2012. At Doncasters, Kevin successfully led the expansion of a number of the group's business units and latterly was appointed Divisional Managing Director of Doncasters' largest division, Doncasters Turbine Airfoils and Structural Castings Division.
The Company also confirms that David Roberts has today taken up his role at the Company as Group Finance Director, in accordance with the announcement of 2 July, and will become Company Secretary with effect from 9 September.
Keith Butler-Wheelhouse, Chairman, commented,
"I am very pleased to welcome Kevin Nolan as Chamberlin's new Chief Executive. He brings significant expertise and a proven track record within the engineering sector and I am confident that he will lead the Group onto further success.
On behalf of the Board, I would also like to take this opportunity to thank Tim Hair for his substantial contribution as Chief Executive over the past seven years and wish him the best in his future endeavours."
Disclosures required pursuant to paragraph (g) of Schedule 2 of the AIM Rules are as follows:
Kevin John Nolan, aged 56 years, currently holds, and has held during the last five years immediately preceding the date of this announcement, the following directorships or partnerships:
Current: None
Previous: Wall Colmonoy Limited
Business Re-Engineering Solutions Limited
There are no further matters to be disclosed pursuant to paragraph (g) of Schedule 2 of the AIM Rules.
Enquiries
Chamberlin plc Tim Hair, Chief Executive David Roberts, Finance Director | T: 01922 707100
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Charles Stanley Securities (Nominated Adviser and Broker) Russell Cook / Carl Holmes | T: 020 7149 6000 | |
Biddicks (Financial PR) Katie Tzouliadis / Alex Shilov | T: 020 3178 6378 |