15 Oct 2008 14:00
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For immediate releaseΒ 15 OctoberΒ 2008
Genus plc
("Genus" or "the Company")
Board Update
Genus, a world leading animal genetics company, is pleased to announce that Richard Wood, Chief Executive, has accepted the Board'sΒ proposal that he continues to lead the CompanyΒ on a rolling contract basis terminable on 12 months notice by either party.Β
The BoardΒ believes thatΒ thisΒ contractΒ extensionΒ will ensureΒ operational stability for theΒ Company'sΒ challengeΒ of deliveringΒ plannedΒ growth, particularlyΒ in the emerging markets.
For further information please contact:
Genus plc Tel: 01256 345Β 970
John Hawkins, Chairman
Buchanan Communications Tel: 020 7466 5000
Charles Ryland
Suzanne Brocks
Christian Goodbody
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