Appointment of Non-Executive Director

RNS Number : 1105X

Xaar PLC

04 May 2016

 

4 May 2016

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, is pleased to announce the appointment of Andrew Herbert as a Non-Executive Director.  Andrew will join the Board on 1 June 2016 and will also serve as chair of the Audit Committee (effective 1 October 2016) and as a member of the Remuneration and Nomination Committees.

Andrew has extensive experience in the global digital printing industry following a 30 year career with Domino Printing Sciences plc, working both in the UK and the US.

Andrew was Group Finance Director/Chief Financial Officer of Domino Printing Sciences plc from 1998 to 2015 during which time he played an instrumental role in expanding the business geographically through acquisition and creation of sales channels, and in broadening the product range via acquisition of technology based businesses.  He also held a number of Director roles in Operations, Planning and Business Development.  He has a proven track record of leading sustained growth for a UK based plc internationally across a wide range of market sectors. 

Andrew has a BA (Hons) in Business Studies and is a Fellow of the Institute of Chartered Management Accountants.  He is the Non-Executive Chairman of Midwich Group plc and is a Governor at Cambridge Regional College.  

Phil Lawler, Chairman, commented:

"Andrew's background of driving sustained growth will be of immense value in helping us realise our growth vision and achieve our full potential. He has very complementary skills with the rest of the Board and will be a strong addition to Xaar's Board."

Doug Edwards, CEO, commented:

"I am delighted to welcome Andrew to Xaar. His direct experience in our industry and his background in M&A will prove valuable as we seek to grow Xaar both through internal development and external partnerships."

Andrew Herbert commented:

"Xaar is a business with world leading technology, and is in an excellent position to take advantage of growth opportunities in a number of areas across the industrial digital print market. I am excited to be joining the team at this time and I look forward to helping Xaar fully realise its potential in the coming years."

No further information is required to be disclosed in respect of the Andrew Herbert pursuant to Listing Rule 9.6.13R.

Contacts 

Xaar plc
Alex Bevis, Chief Financial Officer	[phone]
	www.xaar.com
Tulchan Communications
James Macey White Chloe Barnes Nick Hennis	[phone]

 

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