Directorate Change

RNS Number : 2991P

Xaar PLC

05 June 2015

 



5 June 2015

Xaar plc

Appointment of Non-Executive Director

Xaar plc ("Xaar" or "the Group" or "the Company"), the inkjet printing technology group headquartered in Cambridge, UK, announces the appointment of a Non-Executive Director.

Following the retirement of David Cheesman in May 2015, the Company is pleased to announce that Margaret Rice-Jones will join the Board as a Non-Executive Director on 1 August 2015. Margaret will also serve as Chair of the Remuneration Committee and as a member of the Audit and Nomination Committees.

Margaret has extensive experience of managing complex international technology businesses, with over 25 years in senior leadership positions, including CEO of a $100 million turnover business and responsibility for a $1.25 billion turnover business as a Vice President at Motorola. Margaret has also had direct responsibility for operations and customer relationships in Asia, EMEA and North America and has led acquisitive growth strategies within multiple businesses.

Margaret has held Non-Executive Director roles with established PLCs and VC-backed e-commerce businesses since 2000, including Board positions on FTSE 100 and 250 companies. She is currently Chair of Skyscanner Ltd, where she also chairs the Remuneration and Audit committees, and is a Non-Executive Director of Openet Telecom Ltd. 

Phil Lawler, Chairman commented:

"Margaret brings a wealth of experience to the Board in both global business and leadership roles. We look forward to her help in guiding the Company at this important juncture."

Doug Edwards, CEO commented:

"I am pleased to welcome Margaret to Xaar. Her extensive international experience and M&A background will prove very useful as we seek to grow through external partnerships as well as internal developments."

Margaret Rice-Jones commented:

"I am incredibly excited to be joining Xaar at this important time in its 25 year history. Xaar is well positioned to take advantage of a number of growth opportunities in the digital print market in the coming years."

Contacts 

Xaar plc
Alex Bevis, CFO	01223-423663
	www.xaar.com
Tulchan Communications
Tom Buchanan Victoria Huxster	020-7353-4200

 

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