CML Microsystems PLC Directorate Change (6752A)
28 March 2017 - 5:02PM
UK Regulatory
TIDMCML
RNS Number : 6752A
CML Microsystems PLC
28 March 2017
28th March 2017
CML Microsystems Plc
Appointment of Non-Executive Director
CML Microsystems Plc, ("CML", "Company" or "the Group"), which
designs, manufactures and markets mixed-signal and Radio Frequency
(RF) semiconductors, primarily for global communication and solid
state storage markets, is pleased to announce the appointment of
Geoff Barnes as Non-Executive Director. The appointment will take
effect from 1 April 2017.
Geoff is currently a director of Baker Tilly International
having transitioned to the role in June 2016 after serving as its
CEO and President for 16 years. During that period he grew the
business to be ranked as the 8th largest global accounting
organisation, trading across 145 countries, with global revenues of
US$3.8bn. He is Non-Executive Chairman of the Supervisory Board of
Baker Tilly South East Europe Ltd. He is also a strategic advisor
on international matters to a major city law firm and chairman of
the International Advisory Panel of the Institute of Chartered
Accountants in England and Wales, having previously served as a
member of its Council. In 2015, Geoff was awarded the prestigious
life-time achievement award by the International Accounting
Bulletin for services to global public accounting.
Previous roles include 18 years with Casson Beckman, a leading
mid-tier firm of chartered accountants in London, culminating in
the position of executive chairman and 6 years with Deloitte
Haskins & Sells in London where he qualified as a chartered
accountant. Geoff shall be a member of both the Audit Committee, as
Chairman, and the Remuneration committee.
The above disclosure is made pursuant to Listing Rule 9.6.13R,
and the Company confirms that no further information is required to
be disclosed pursuant to Listing Rule 9.6.13R.
CML Microsystems Plc www.cmlmicroplc.com
Chris Gurry, Group Managing Tel: +44(0)1621 875
Director 500
Neil Pritchard, Group
Financial Director
Cenkos Securities plc Tel: +44(0)20 7397 8900
Max Hartley (Corporate
Finance)
SP Angel Corporate Finance Tel: +44(0)203 463 2260
LLP
Jeff Keating
Alma PR Tel: +44 (0)7780 901979
Josh Royston Tel: +44 (0)7540 706191
Robyn McConnachie
About CML Microsystems PLC
CML designs and develops semiconductors for the industrial
storage and communications markets. The Group utilises a
combination of in-house and outsourced manufacturing and has
trading operations in Europe, the Far East and USA. CML targets
niche markets with strong growth profiles and high barriers to
entry. It has secured a diverse, blue chip customer base, including
some of the world's leading telecoms equipment providers and
industrial product manufacturers.
The spread of its customers and products largely protects the
business from the cyclicality usually associated with the
semiconductor industry. Growth in its end markets is being driven
by factors such as the ever increasing trend towards solid state
storage devices in the commercial and industrial sectors, the
upgrading of telecoms infrastructure around the world and the
growing prevalence of private commercial communications networks
for voice and/or data communications linked to the industrial
internet of things (IIoT).
The Group is cash-generative, has no borrowings and is dividend
paying.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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