Directorate Change

RNS Number : 9452L

Vesuvius plc

01 May 2015

 



 1 May 2015                                                                                                                                                                       

Directorate Change

Vesuvius plc ("Vesuvius" or the "Company"), a global leader in molten metal flow engineering, announces that Chris O'Shea, the Chief Financial Officer, will leave the Company during September 2015 having accepted the position of Group Finance Director for Smiths Group plc, the FTSE 100 global technology company. The process of identifying Mr O'Shea's successor is underway and an announcement will be made in due course.

François Wanecq, Chief Executive of Vesuvius, said:

"Chris has been an important contributor to the establishment of Vesuvius as a strong and successful independent public company since joining us immediately prior to our demerger from Cookson in December 2012. He has worked tirelessly in his role, leading the finance function through the challenges that came with our independence."

John McDonough, Chairman of Vesuvius, said:

"The Board would like to thank Chris for his outstanding service to the Company. He has addressed his role with vigour and commitment, and he leaves Vesuvius with our best wishes for his future success."

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For further information please contact:

Vesuvius plc                François Wanecq, Chief Executive                                           [phone]

                                          Nicolas Matheï, Group Head of Corporate Finance           [phone]

                                          Virginia Skroski, Investor Relations Manager                      [phone]

MHP Communications  John Olsen                                                                                    [phone]

About Vesuvius plc

Vesuvius is a global leader in molten metal flow engineering principally serving the steel and foundry industries.

We develop innovative and customised solutions, often used in extremely demanding industrial environments, which enable our customers to improve their manufacturing processes, enhance product quality and reduce energy consumption.  These include flow control solutions, advanced refractories and other consumable products and - increasingly - related technical services including data capture.

We have a worldwide presence.  We serve our customers through a network of low-cost manufacturing plants located close to their own facilities, and embed our industry experts within their operations, who are all supported by our global technology centres.

Our core competitive strengths are our market and technology leadership, strong customer relationships, well established presence in developing markets and our global reach, all of which facilitate the expansion of our addressable markets.

Our ultimate goal is to create value for our customers, and to deliver sustainable, profitable growth for our shareholders giving a superior return on their investment whilst providing each of our employees with a safe workplace where he or she is recognised, developed and properly rewarded.

 

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