Interim Chief Financial Officer appointment

Genuit Group PLC

01 September 2023

 

1 September 2023

Genuit Group plc

Interim Chief Financial Officer appointment

Genuit Group plc ("Genuit", the "Company" or the "Group"), a leading provider of sustainable water and climate management solutions for the built environment, today announces that Tim Pullen will join the Company on 4 September 2023 in the role of Interim Chief Financial Officer ("CFO"). Tim will report into the Board but will not be appointed as a statutory Board director.

Tim's appointment follows the announcement made on 6 June 2023 in relation to Paul James, who is stepping down as CFO on 30 September 2023 to take up the position as CFO with a privately owned company. Tim's appointment on 4 September 2023 will ensure a smooth transfer of responsibilities.

Tim brings a broad range of public market experience through a variety of fast-paced and dynamic businesses, having served as CFO of IQE plc, an AIM listed manufacturer of advanced semiconductor materials from 2019 to 2023, as CFO of Arm Limited from 2017 to 2019 and having held senior finance positions in 02/Telefonica UK, Serco plc and Logica plc prior to that.

The Board is making good progress in its process to select a permanent successor and an appointment will be announced in due course.

Enquiries:

Genuit Group: Joe Vorih, Chief Executive Officer Emma Versluys, Company Secretary

[phone]

Notes to Editors:

Genuit Group plc ("Genuit", the "Company" or the "Group"), a leading provider of sustainable water, climate and ventilation products for the built environment, is the largest manufacturer in the UK, and among the ten largest manufacturers in Europe, of piping systems for the residential, commercial, civils and infrastructure sectors by revenue. It is also a leading designer and manufacturer of energy efficient solutions in water-based heating systems in the UK.

The Group operates from thirty facilities in total and manufactures the UK's widest range of solutions for heating, plumbing, drainage and ventilation. The Group primarily targets the UK and European building and construction markets with a presence in Italy and the Netherlands and sells to specific niches in the rest of the world.

 

END