Director's Change of Responsibilities

RNS Number : 0632H

Indivior PLC

29 July 2019

 

Indivior PLC - Director's Change of Responsibilities

Indivior PLC announces that Frank Stier, Chief Manufacturing and Supply Officer, has informed the Company that he plans to retire in 2020.  In light of this development, Mark Crossley, currently Chief Financial Officer, is appointed Chief Financial and Operations Officer.  This change is effective immediately.

Commenting on the change, Shaun Thaxter, Chief Executive Officer said:

"Frank has shared his plan to retire, allowing for an appropriate and orderly transition of his duties.  I would like to thank Frank for his loyal and dedicated service to Indivior.  To help with an orderly transition and to best position the function, Frank will now report directly to Mark (as will Frank's successor once appointed).  This new organizational development acknowledges Mark's strong performance and recognises the ongoing importance of Mark's strategic contributions to the future of Indivior.  As Mark currently oversees the finance and information technology functions, the addition of closely dependent functions, including manufacturing, supply, and procurement, creates even greater opportunities for improved collaboration and coordination across the departments."

There have been no other changes to the information set out in LR 9.6.13R (2) to LR 9.6.13R (6) in respect of Mr Crossley.

This announcement is made in accordance with Listing Rule 9.6.14.

Contact:

Jason Thompson

Vice President, Investor Relations

Tel: [phone] or [e-mail]

 

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