Directorate Change

RNS Number : 9250O

SIG PLC

11 November 2016

 

11 November 2016

SIG plc

Directorate change

Appointment of Interim Group Chief Executive

The Board of SIG plc announces that Stuart Mitchell has stepped down as Group Chief Executive by mutual agreement with immediate effect.   Mel Ewell, a Non-Executive Director, has been appointed Interim Group Chief Executive on a full time basis whilst the Board conducts an external search for a new Group Chief Executive.

Leslie Van de Walle, Chairman of SIG plc, said:

"On behalf of the Board and Group, I would like to thank Stuart for his commitment and all that he has contributed during his four year tenure as Group Chief Executive.  Stuart brought together a loose federation of independent businesses; developed a new strategy and plans to improve our procurement and supply chain functions; and identified new areas of organic growth opportunities in Air Handling and Offsite.

As Interim Group Chief Executive, Mel brings his experience in logistics, construction and engineering, and comes with a strong track record of operational delivery and successful change management at TNT and Amey.  During his five years as a Non-Executive Director he has developed a detailed knowledge of the Group, which has made him a strong individual to drive forward our plans during this transitional period."

For further information, contact:
SIG plc:
Leslie Van de Walle, Chairman	[phone]
Simon Bielecki,  Investor Relations	[phone]
FTI Consulting:
Richard Mountain/Nick Hasell	[phone]

 

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