Synthomer PLC Board Update (6238H)
05 August 2021 - 4:01PM
UK Regulatory
TIDMSYNT
RNS Number : 6238H
Synthomer PLC
05 August 2021
5 August 2021
Synthomer plc
Board update
Synthomer plc ('Synthomer' or 'the Company') today announces
that Steve Bennett has informed the Board that he would like to
stand down as Chief Financial Officer in due course. Steve has a
twelve month notice period and has agreed to remain in his role
until a successor is appointed to ensure a smooth transition. The
Board has initiated a process to appoint Steve's replacement
involving both internal and external candidates.
Steve has made a significant contribution to Synthomer since
joining in April 2015. He has established a strong team and finance
function, overseen several refinancings, significant investment and
multiple acquisitions. This has contributed to Synthomer's strong
growth during the period and the Company's solid financial platform
today.
A further announcement will be made once a replacement has been
appointed.
Caroline Johnstone, Chair of Synthomer, said:
"On behalf of the Board, I would like to thank Steve for the
enormous contribution that he has made to Synthomer over the last 7
years. Together with the wider management team, he has helped to
deliver significant growth and strategic change during his tenure.
As a result of his initiatives, Synthomer has a highly capable
finance function together with a strong financial position from
which it can continue to pursue its growth strategy. Steve's
successor will become an important member of the team to take
Synthomer forward and I look forward to making a further
announcement in due course to ensure a smooth transition."
Further information
Synthomer
Tim Hughes - President, Corporate
Development +44 1279 436211
Teneo
Charles Armitstead +44 7703 330 269
Matt Denham +44 7825 735 596
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END
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