Board Changes

RNS Number : 2652P

Chemring Group PLC

23 October 2012

 



FOR IMMEDIATE RELEASE                                                                                           23 October 2012

CHEMRING GROUP PLC

Board Changes

Chemring Group PLC today announces the appointment of Mark Papworth as Chief Executive Officer with effect from 5 November 2012. He will replace Dr David Price, who has resigned with immediate effect.

Mark formerly worked at Wood Group plc, a leading FTSE 100 company, where he served as Chief Executive Officer of the Gas Turbines Services division from 2005 and also as an Executive Director on the Board from 2006. His career has covered high technology, service and manufacturing companies serving aerospace, energy and infrastructure markets. During his tenure at Wood Group he implemented and delivered a strategic review which resulted in a successful turnaround, improved manufacturing capabilities and substantial improvements in profitability.

Prior to his time at Wood Group plc, Mark spent two years as Executive Vice President of Rolls-Royce Energy based in the United States of America, and thirteen years with Alstom Power in various roles, finally as Managing Director of the Industrial Gas Turbines division.

There are no other matters requiring disclosure under Listing Rule 9.6.13.

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For further information:

Rupert Pittman            Director of Communications &           01489 881 880 /

  Investor Relations,                            [e-mail]

                                    Chemring Group PLC

Anthony Cardew /       Cardew Group                                                020 7930 0777 

Emma Crawshaw

 

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