Genuit Group PLC Directorate Change (3107D)
19 October 2022 - 02:28AM
UK Regulatory
TIDMGEN
RNS Number : 3107D
Genuit Group PLC
18 October 2022
18 October 2022
Genuit Group plc
Board changes
Genuit Group plc ("Genuit", the "Company" or the "Group"), a
leading provider of sustainable water and climate management
solutions for the built environment, announces that following a
comprehensive selection process led by an external recruitment
consultant, Kevin Boyd will succeed Ron Marsh as the Company's
Chair with effect from 1 November 2022. Kevin joined the Board in
September 2020 and was previously the Chief Financial Officer of
global engineering group Spirax-Sarco Engineering plc and Group
Finance Director for Oxford Instruments plc. He is also a
Non-Executive Director of Bodycote plc and Emis Group plc.
Ron will remain on the Board to assist with the handover of the
Chair and will stand down from the Board on 31 December 2022,
having completed nearly nine years of service.
Kevin Boyd, Independent Non-Executive Director, commented: "I am
delighted to have been appointed Chair of Genuit and look forward
to working with the Board and the senior management team as we
embark on the next stage of the Group's development. On behalf of
the Board, we thank Ron for his hard work and valuable contribution
to the Group, and wish him every success for the future"
Ron Marsh, Chair, commented: "I am very proud to have led the
Genuit Board through a period of substantial growth and change over
the last eight years. I wish everyone at Genuit every success for
the future and I look forward to working with Kevin to ensure a
smooth transition."
For further information please contact:
Emma Versluys +44 (0) 1138 315315
Group Legal Counsel & Company Secretary
Notes to Editors:
Genuit Group plc ("Genuit", the "Company" or the "Group"), a
leading provider of sustainable water and climate management
solutions for the built environment, is the largest manufacturer in
the UK, and among the ten largest manufacturers in Europe, of
piping systems for the residential, commercial, civils and
infrastructure sectors by revenue. It is also a leading designer
and manufacturer of energy efficient solutions in water-based
heating systems in the UK.
The Group operates from 30 facilities in total and manufactures
the UK's widest range of solutions for heating, plumbing, drainage
and ventilation. The Group primarily targets the UK and European
building and construction markets with a presence in Italy and the
Netherlands, and sells to specific niches in the rest of the
world.
Genuit Group plc changed its name from Polypipe Group plc on 6
April 2021. The Group was established in 1980 and has been listed
on the premium segment of the London Stock Exchange since 2014.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
BOAFLFFEIDLTLIF
(END) Dow Jones Newswires
October 18, 2022 11:28 ET (15:28 GMT)
Genuit (LSE:GEN)
Historical Stock Chart
From Feb 2024 to Mar 2024
Genuit (LSE:GEN)
Historical Stock Chart
From Mar 2023 to Mar 2024