Directorate Change

RNS Number : 6385K

Somero Enterprises Inc.

20 April 2015

 

Somero Enterprises, Inc ("Somero" or the "Company")

Directorate Change

Somero is pleased to announce the appointment of John Yuncza (age 44) to the Board of Somero as Chief Financial Officer with immediate effect.  Mr Yuncza has over 20 years' financial experience working in both professional practice and advisory roles for public and private companies.  Most recently, Mr Yuncza was Chief Financial Officer of Datamax-O'Neil Corporation, a manufacturer of stationary and portable label and receipt printing products with approximately 400 employees and annual revenue of US$140 million, a position he held since 2012.  Mr Yuncza holds a BSc. in Finance and Accounting from St Joseph's University, Philadelphia and a MBA from Yale School of Management.

Neil Mathur, having fulfilled the role of Chief Financial Officer since Mike Niemela's unexpected retirement in October 2014, is returning to his role as Senior Corporate Controller, a position he has held since 2007, and stepping down from the Board.

Jack Cooney said: "We are delighted to welcome John Yuncza to the Board of Somero.  John brings a wealth of financial experience to Somero, which we expect to be key in positioning Somero to access the growth opportunities for the Group that we outlined in our recent preliminary results.  The Board would also like to thank Neil for his outstanding work as Chief Financial Officer of the Company and we are delighted that he will be remaining with Somero in a role that he has served with distinction over the last 8 years." 

Save for the declarations above there is no further information to be disclosed under Rule 17 or schedule two, paragraph (g) of the AIM Rules for Companies.

For further information, please contact:

Somero Enterprises, Inc                                                                       Tel: [phone]

Jack Cooney, CEO

Howard Hohmann, Executive Vice President of Sales

Canaccord Genuity Limited (Nominated Adviser & Broker)          Tel: [phone]

Peter Stewart

Piers Coombs

Mark Whitmore

 

END

 

 

BOABRGDSXBBBGUR