Indivior PLC Director Declaration (0142W)
04 February 2017 - 12:30AM
UK Regulatory
TIDMINDV
RNS Number : 0142W
Indivior PLC
03 February 2017
Indivior PLC (the 'Company') - Director Declaration
The Board of Indivior PLC announces that Cary Claiborne has
stepped down from his role as Chief Financial Officer in order to
pursue other opportunities. The Board of Indivior PLC has appointed
Mark Crossley to succeed Cary as CFO.
Mark is currently Chief Strategy Officer of Indivior and was
previously Finance Director of the Reckitt Benckiser
Pharmaceuticals division prior to the demerger.
Cary will assist with the transition over the coming weeks ahead
of the scheduled release of Full Year Results on February 22. As
part of the transition, we expect that Cary will step down from the
Board and will be replaced by Mark in due course.
Shaun Thaxter, Chief Executive Officer of Indivior PLC, paid
tribute to Cary's contribution to the Company during his tenure as
Chief Financial Officer from 2014-2017:
"Cary joined us to bring public company experience to the
demerger process and the establishment of Indivior as a separate,
independent, listed company. He has managed through the
complexities of the demerger and separation from Reckitt Benckiser,
and the set-up of Indivior, including establishing corporate
reporting, internal audit, tax, treasury and external audit; he has
also overseen the global implementation of SAP. Throughout these
many changes, the Company has delivered strong financial
performance and provided transparency to our shareholders. We thank
Cary for his many contributions to the successful evolution of
Indivior so far and wish him well for the next phase of his
career."
Mark was appointed to his current position as Chief Strategy
Officer in October 2014. He joined the Company in 2012 as the
Global Finance Director with responsibilities for Finance,
Information Systems and Procurement. Prior to joining Indivior,
Mark spent 13 years at Procter & Gamble in various finance
leadership roles including Corporate Portfolio, Strategic and
Business Planning (Female Beauty), as well as multiple roles in
Corporate Treasury and its Baby Care division. He also enjoyed an
eight year career with various operational and staff assignments in
the United States Coast Guard. Mark graduated from the United
States Coast Guard Academy with a BS in Management and Economics,
and from Boston College with an MBA. He is a National Association
of Corporate Directors Leadership Fellow.
Thaxter continued, "We welcome Mark Crossley to the role of
Chief Financial Officer and look forward to benefiting from his
experience and knowledge of the business in leading the finance
function into the next phase of Indivior's development."
The Company confirms there is no further information to be
disclosed pursuant to LR 9.6.13 in connection with Mark Crossley's
appointment.
Media Contacts
Tulchan Communications
+44 207 353 4200
Stephen Malthouse
Jonathan Sibun
This information is provided by RNS
The company news service from the London Stock Exchange
END
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