Directorate Change

24 Jan 2008 12:57

Volex Group PLC24 January 2008 Volex Group plc DIRECTORATE CHANGES The Board of Volex Group plc (the "Company") today announces the appointment ofChris Geoghegan as an independent non-executive director and the retirement ofDimitri Goulandris from his position as a non-executive director. Both changesare effective from 1 March 2008. Chris Geoghegan will be a member of the audit, remuneration and nominationcommittees. Chris Geoghegan, 53, was until 31 December 2007 the group executive director ofBAE Systems plc, responsible for all European joint ventures; the company'scommercial aerospace interests as well as the UK wholly owned electronicsbusiness and shared services. He is also chairman of Hampson Industries plc anda non-executive director of Kier Group plc. Chris is a Fellow of the RoyalAeronautical Society and was previously President of the Society of BritishAerospace Companies. Commenting on the Board changes, Richard Arkle, Chairman said:"I am very much looking forward to welcoming Chris to the Board. Hisconsiderable knowledge of the military and aerospace industry, together with hisoperating and international experience, will add a valuable dimension to theBoard. The recent appointments of Chris Geoghegan and Mike McTighe will both strengthenand complement the existing Board of directors with their valuable insight andknowledge of the key and strategic market segments of the Volex Group. Dimitri Goulandris joined the Board in May 2006 and I would like to thankDimitri for his valued contribution to the Board and the dedication andcommitment he has demonstrated throughout." Save as set out in this announcement, there is no information to be disclosedpursuant to Listing Rule 9.6.13 R paragraphs (2) to (6). - Ends - Volex Group plc 01925 830 101 Heejae Chae, Group Chief ExecutiveIan Degnan, Group Finance Director Weber Shandwick Financial 020 7067 0700 Terry Garrett / Nick Dibden / James White This information is provided by RNS The company news service from the London Stock Exchange