5 October 2012
Yule Catto & Co plc
Directorate change
Appointment of Jinya Chen as an Independent Non-executive Director
Yule Catto & Co plc ("Yule Catto" or the "Company") is pleased to announce that Jinya Chen has today joined the Board as an Independent Non-executive Director.
Jinya was born and educated in China, graduating in economics, and earning a Master's degree in law. After qualifying as a US attorney, Jinya spent 7 years at a Michigan law firm then12 years working in a series of legal and operational roles for General Motors and Delphi Corporation in China. Jinya joined Alcoa Inc. (a leading aluminium producer) in 2007, where he is now a corporate Vice President after several years as President of the company's Asia Pacific operations. He is also a board member of China Zhong Nan University.
Commenting on the appointment Neil Johnson, Chairman, said:
"I am delighted that Jinya has joined the Yule Catto Board. Jinya's broad expertise in Asia, and particularly in China, will be of great value to Yule Catto as we continue to develop our business in this region. We look forward to working with Jinya and benefitting from his advice."
There are no details to be notified under Listing Rule 9.6.13 in relation to Mr Chen's appointment.
Enquires:
Yule Catto
Adrian Whitfield, Chief Executive Tel: 01279 442791
Pendomer Tel: 0203 603 5220
Charles Armitstead
Rosie Oddy