Directorate Change

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.

 

END

 

 

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