Last checked at 11 Mar 2014 08:30
11th March 2014
Board Appointment
Spirax-Sarco Engineering plc, the world leader in the control and efficient useof steam and inperistaltic and niche pumping, is pleased to announce the appointment of Jamie Pike as an independent Non‑Executive Director with effect from 1st May 2014. He will join the Audit, Remuneration and Nomination Committees.
On 16th December 2013 we announced that Gareth Bullock had advised the Board that he would not seek re-election at the Annual General Meeting on 20th May 2014, after completing the nine year maximum tenure for assured independence, but that he would remain as Senior Independent Director until the AGM. Jamie Pike has agreed to take over as the Senior Independent Director after the AGM, subject to his election by shareholders as required in respect of all newly appointed Directors.
Jamie Pike is Chairman of Lafarge Tarmac Limited, the leading construction materials and services company, Tyman plc, an international supplier of building products, and RPC Group, a plastic packaging company. Jamie Pike joined Burmah Castrol in 1991 and was Chief Executive of Burmah Castrol Chemicals before leading the Foseco buy-out in 2001 and its subsequent flotation in 2005. He was Chief Executive of Foseco plc until it was acquired in 2008. Jamie Pike was educated at Oxford and holds an MBA from INSEAD.
Bill Whiteley, Chairman, commented, "I am delighted to welcome Jamie to the Board of Directors. His broad industrial engineering and international business experience will benefit the further development of the Group. Jamie's skills as a Non-Executive and his good relationship with shareholders, place him in an ideal position to act as our Senior Independent Director".
There are no further disclosures to be made pursuant to Listing Rule 9.6.13.
Enquiries:
Bill Whiteley, Chairman
Nick Anderson, Group Chief Executive
Tel: 01242 535234