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Directorate Change

31 Jul 2012 15:54

RNS Number : 9639I
IQE PLC
31 July 2012
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31 July 2012

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IQE plc

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Resignation of Director

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Cardiff, UK.:IQE plc (AIM: IQE, "IQE" or the "Group"), the leading global supplier of advanced semiconductor wafer products and wafer services to the semiconductor industry, announces the resignation of Mr Adrian Meldrum as a Director of the Group.

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Adrian's resignation will take effect on 21 September, to facilitate an orderly handover across the summer. He leaves IQE for personal reasons.

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His current responsibilities as Business Development Director will be assumed by two recent recruits to IQE: Eliot Parkinson, General Manager, IQE Europe (Opto), who joined in May 2012; and Russ Wagner, Vice President Global Projects (including CPV), who joined in April 2012.

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Dr Drew Nelson, CEO of IQE, said:

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"I would like to thank Adrian for his contribution to the development of IQE over the past two years and wish him every success in his future endeavours."

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Contacts:

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IQE plc

+44 (0) 29 2083 9400

Drew Nelson

Phil Rasmussen

Chris Meadows

Espirito Santo Investment Bank

+ 44 (0) 20 7456 9191

Richard Crawley

James Bromhead

Canaccord Genuity

Simon Bridges

Cameron Duncan

+44 (0) 20 7523 8000

College Hill

+44 (0) 20 7457 2020

Adrian Duffield

Kay Larsen

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This information is provided by RNS
The company news service from the London Stock Exchange
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END
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