Victrex PLC CEO-designate update (6644P)
04 September 2017 - 4:01PM
UK Regulatory
TIDMVCT
RNS Number : 6644P
Victrex PLC
04 September 2017
4 September 2017
Victrex plc
Jakob Sigurdsson joins Victrex as CEO-designate
Victrex plc, an innovative world leader in high performance
polymer solutions, is pleased to announce that, further to our
announcement of 19 April 2017, Jakob Sigurdsson has started at
Victrex as Chief Executive-designate, effective 1 September
2017.
Jakob, 53, will join the Board as Chief Executive on 1 October,
succeeding David Hummel who is retiring from the Company after 24
highly successful years as Chief Executive. Dave will work through
an orderly transition with Jakob over the coming months, remaining
on the Board as an Executive Director until Victrex's AGM in
February 2018, before retiring from the Company on 31 March
2018.
Larry Pentz, Chairman of Victrex, said: "I am delighted that
Jakob has joined Victrex. With his track record of making markets
and delivering growth, the Board believes this appointment is a
strong fit for Victrex as we focus on executing our Polymer &
Parts strategy over the coming years."
David Hummel, Chief Executive of Victrex, said: "Jakob joins
Victrex at a good time for the business. We continue to perform
well and are well placed for 2017. I am greatly looking forward to
working with Jakob over the coming months."
Jakob Sigurdsson, Chief Executive-designate of Victrex,
commented: "It is great to get started and focus on executing our
strategy and delivering the attractive growth opportunities that
lie ahead."
There are no disclosures under paragraph 9.6.13R (1)-(6) of the
Listing Rules.
Notes:
Jakob Sigurdsson has more than 20 years' experience in diverse
multinational companies, both private and listed, including as the
former Chief Executive of Promens in Europe, with Rohm & Haas
(now part of Dow Chemical) in the US, and as Chief Executive of
food manufacturer Alfesca.
Enquiries:
Victrex plc:
Andrew Hanson, Director of Investor Relations & Corporate
Communications
+44 (0) 1253 898121
Louisa Burdett, Group Finance Director
+44 (0) 1253 897700
David Hummel, Chief Executive
+44 (0) 1253 897700
About Victrex:
Victrex is an innovative world leader in high performance
polymer solutions, focused on the strategic markets of Automotive,
Aerospace, Energy (including Manufacturing & Engineering),
Electronics and Medical. Every day, millions of people rely on
products or applications which contain our materials, from
smartphones, aeroplanes and cars to oil & gas operations and
medical devices. With over 35 years' experience, we develop world
leading solutions in PEEK and PAEK-based polymers, semi-finished
and finished parts which shape future performance for our customers
and our markets, and drive value for our shareholders. Find out
more at www.victrexplc.com
This information is provided by RNS
The company news service from the London Stock Exchange
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