17 Nov 2015 07:01
For immediate release
17 November 2015
Devro plc (the "Company")
Group Finance Director Retirement
Simon Webb, the Group Finance Director of the Company, has agreed with the Board that he will step down from his role by the end of November 2016 at latest. In consequence, a thorough and wide ranging process to identify a successor is now in hand.
Simon Webb will remain in the role until a successor has been appointed. He will in any event oversee the completion and sign off of 2015 statutory accounts before his departure.
Chairman Gerard Hoetmer said "Simon has been with Devro since January 2011, during which time he has made a significant contribution to the business, for which the board is most grateful. With the major restructuring of our manufacturing operations now reaching completion, with excellent banking facilities in place, and with a strong finance team established across the group, Simon has agreed that this is an appropriate time to move on to new challenges".
A statement in compliance with Section 430(2B) of the Companies Act 2006 is available on the Company's website.
ENDS
For further information, please contact:
Buchanan Charles Ryland/Vicky Watkins/Robbie Ceiriog-Hughes |
Tel No: 020 7466 5000 |