Porvair PLC Directorate Change (5649E)
09 November 2020 - 6:00PM
UK Regulatory
TIDMPRV
RNS Number : 5649E
Porvair PLC
09 November 2020
For immediate release
9 November 2020
Porvair plc
("Porvair" or the "Group")
Directorate Change
Porvair, the specialist filtration and environmental
technologies group, is pleased to announce that James Mills will
join the Group as Group Finance Director in 2021. This follows the
decision by Chris Tyler to step back from his position as Group
Finance Director after 16 years of service and continue, in a
part-time role, as Company Secretary. Chris will retire from the
Board following the Company's AGM in April 2021.
James Mills brings with him significant expertise and relevant
experience in strategic financial management for engineering-led
businesses, most recently from his role as a Divisional Finance
Director for Ricardo plc. James is a Chartered Accountant who
qualified with KPMG and gained further capital markets experience
at G4S plc where he successfully delivered a variety of financial
initiatives alongside his responsibilities for Group reporting.
James' appointment will be put to shareholders at the AGM in April
2021.
Commenting on the appointment, John Nicholas, Chairman,
said:
"On behalf of the Board, I would like to thank Chris for his
longstanding commitment to the Company. Porvair has delivered
considerable value to shareholders over the years, and Chris has
been an invaluable part of this success. The Company Secretarial
role has grown significantly in recent years and requires a greater
focus. Chris will be able to prioritise this activity on a
part-time basis, and his long experience will still be available to
the Group.
"We are delighted with James' appointment and believe that his
background in engineering-led businesses will be valuable as the
Group moves into its next phase of growth."
ENDS
For further information please contact:
Porvair plc 01553 765 500
Ben Stocks, Chief Executive
Buchanan Communications
Charles Ryland / Steph Watson 020 7466 5000
James Mills is currently a director of Ricardo UK Limited, and
until 2018 was a director of Ricardo Pension Scheme (Trustees)
Limited.
There are no further matters in relation to James Mills'
appointment to be disclosed pursuant to the requirements of
paragraph 9.6.13 of the Listing Rules of the UK Listing
Authority.
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END
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