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2 Feb 2015 07:00
2 February 2015
Sprue Aegis plc
("Sprue" or the "Company")
Senior management appointment
Sprue (AIM: SPRP), one of Europe's leading home safety products suppliers, is pleased to announce the appointment with immediate effect of Neil Smith as Group Chief Executive. Neil who is based at the Company's head office in Coventry, reports to the Board and his focus is on managing the Group's sales and marketing teams and the Group's operations, including logistics. In accordance with the commitment made in the Company's admission document published on 24 April 2014, Graham Whitworth has relinquished the role of Group Chief Executive and remains Executive Chairman of the Company.
Neil (aged 43) has a background as a successful senior leader with strategic retail and brand experience gained at market leading blue chip, multi-channel businesses spanning Kingfisher plc (B&Q), Halfords Group plc, Home Retail Group plc and Boots Retail Group. In addition, Neil has extensive knowledge and success of Far East sourcing, brand development and international retailing. Neil holds a degree in Business Studies and a Diploma in Marketing.
Commenting on the appointment, Graham Whitworth said: "Neil's addition to the senior management team significantly strengthens and extends our capabilities at a time when the business is well positioned for further growth and I am sure he will make a significant contribution to the business."
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For further information, please contact:
Sprue Aegis plc | 0247 771 7700 |
Graham Whitworth, Executive Chairman John Gahan, Group Finance Director | |
Westhouse Securities | 0207 601 6100 |
Tom Griffiths |
Notes to Editors
About Sprue Aegis plc
Group overview
With its head office in Coventry, UK, Sprue is one of Europe's leading home safety products suppliers outsourcing the manufacture of smoke and carbon monoxide alarms to third party suppliers in China leaving Sprue to focus on product design, development and certification, marketing and sales. Sprue manufactures one of the world's smallest carbon monoxide sensors for use in its carbon monoxide alarms at its own small facility in Canada.
Sprue sells smoke and carbon monoxide alarms and other safety related products throughout Europe under the FireAngel, AngelEye, SONA, Pace Sensors, First Alert, BRK and Dicon brands and enjoysa strong Continental European market presence, a leading UK retail footprint, is the supplier of choice to the UK's Fire and Rescue Services and continues to develop its market share in the UK's trade sector.
Patented technology
With significant investment in ground-breaking technology and product development and with over 50 granted patents, the Company is now one of Europe's leading home safety products suppliers. Sprue's philosophy is simple: to make products that save lives.
For further product information, please visit:
www.sonasafety.com
www.fireangel.co.uk
www.firstalert.eu
www.brkdicon.eu/en or
www.sprue.com
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