Last checked at 9 Sep 2022 07:00
9 September 2022
Vesuvius plc
Directorate Change
Vesuvius plc ("Vesuvius", the "Group"), a global leader in molten metal flow engineering, announces that Guy Young has resigned from his position as Chief Financial Officer after six years with the Group, in order to take up a new opportunity. He will stay with Vesuvius until mid-February 2023. Over this period he will remain focused on the delivery and closing of the Company's full year results for 2022, and ensuring the effective transition of his responsibilities.
The search for a new CFO is underway and a further announcement regarding Guy's succession will be made in due course.
Patrick André, Chief Executive said "Guy has been a highly valued colleague at Vesuvius since joining the Group in 2015. I would like to take this opportunity to thank him, on behalf of the Board and his colleagues at Vesuvius, for his support in delivering on the Group's strategy over the past six years. He will leave us with our very best wishes for his future career."
For further information, please contact: |
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Shareholder/analyst enquiries: |
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Vesuvius plc | Patrick André, Chief Executive Euan Drysdale, Group Head of Corporate Finance Rachel Stevens, Head of Investor Relations | +44 (0) 207 822 0000+44 (0) 7584 641 315 +44 (0) 7387 545 271 |
Media enquiries: |
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MHP Communications | Andrew Jaques/ Rachel Farrington/Peter Lambie | +44 (0) 203 128 8570 |
Additional Information
Guy Young will be treated in accordance with the Company's Directors' Remuneration Policy and the terms of his service contract. A statement concerning the particulars of remuneration payments in accordance with Section 430(2B) of the Companies Act 2006 will be disclosed on the Vesuvius website when the date of Guy Young's last day of employment is confirmed.
About Vesuvius plc
Vesuvius is a global leader in molten metal flow engineering and technology principally serving process industries operating in challenging high temperature conditions.
We develop innovative and customised solutions, often used in extremely demanding industrial environments, which enable our customers to make their manufacturing processes safer, more efficient and more sustainable. These include flow control solutions, advanced refractories and other consumable products and increasingly, related technical services including data capture.
We have a worldwide presence. We serve our customers through a network of cost-efficient manufacturing plants located close to their own facilities, and embed our industry experts within their operations, who are all supported by our global technology centres.
Our core competitive strengths are our market and technology leadership, strong customer relationships, well established presence in developing markets and our global reach, all of which facilitate the expansion of our addressable markets.
Our ultimate goal is to create value for our customers, and to deliver sustainable, profitable growth for our shareholders giving a superior return on their investment whilst providing each of our employees with a safe workplace where they are recognised, developed and properly rewarded.
We think beyond today to create solutions that will shape the future for everyone.
Vesuvius plc, 165 Fleet Street, London EC4A 2AE
Registered in England and Wales No. 8217766
LEI: 213800ORZ521W585SY02
www.vesuvius.com