Further re recruitment of Chairman

De La Rue PLC
02 May 2023
 

Logo Description automatically generated

 

2 May 2023

De La Rue plc

Update on the recruitment of the new Chairman

 

The Board of De La Rue would like to provide an update on the process to appoint a new Chairman, following the departure of Kevin Loosemore on 1 May 2023.

 

The Nomination Committee has been running a fast-track process, supported by a search firm. Interviews have taken place with a range of candidates who have come forward with the support of shareholders and partners, as well as from search activities. We are not yet at the stage of making a final appointment but are progressing candidates through the final stage of our process. These candidates have strong backgrounds in relevant situations.

 

We will provide a further update when an appointment is made. In the short period until appointment of a new Chairman, the Board has appointed Nick Bray as 'Interim Chairman'.

 

Enquiries

De La Rue plc


+44 (0) 7990 337707

Nick Bray


Interim Chairman

Margaret Rice-Jones


Senior Independent Director

Clive Vacher


CEO

Louise Rich


Head of Investor Relations

 


 

Brunswick


+44 (0)207 404 5959

Stuart Donnelly


Ed Brown


About De La Rue

De La Rue plc's purpose is to secure trust between people, businesses and governments. As a trusted partner of governments, central banks and commercial organisations seeking to secure their global supply chains and cash cycles, De La Rue provides highly secure physical and digital solutions that underpin the integrity of economies and trade.

De La Rue's Currency division provides market-leading end-to-end currency solutions, from finished banknotes to secure polymer substrate and banknote security features to over half the central banks and issuing authorities around the world.

Our Authentication division protects revenues and reputations through the provision of physical and digital solutions to governments and commercial organisations. We also manufacture ID security components.

At 25 March 2023, De La Rue had over 1,800 employees who work with organisations in more than 140 countries, leveraging the group's manufacturing facilities in the UK, US, Malta, Sri Lanka and Kenya.

De La Rue's shares are traded on the London Stock Exchange (LSE:DLAR). De La Rue plc's LEI code is 213800DH741LZWIJXP78.

For further information please visit www.delarue.com.

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
 
 

Companies

De La Rue (DLAR)
UK 100

Latest directors dealings