Avon Rubber PLC Board Update (0265G)
November 20 2020 - 6:00AM
UK Regulatory
TIDMAVON
RNS Number : 0265G
Avon Rubber PLC
20 November 2020
20 November 2020
Avon Rubber p.l.c.
Board Update
Board Chair Retirement and Succession
Further to the announcement on 19 February 2020 of the
appointment of Bruce Thompson as Non-Executive Director and Chair
Designate, Avon Rubber today confirms that current Chair David
Evans will retire from the Board on 2 December 2020 and will be
succeeded as Chair by Bruce Thompson.
David Evans, Chair, commented:
"It has been a privilege to serve on the Avon Rubber Board since
2007 and to oversee the progression of the Group over this period.
We have built strong momentum through consistent execution of our
strategy, and I wish the company every success for the future".
Bruce Thompson, Chair Designate, commented:
"I am delighted to take over the Chair role at this exciting
time for the company. Avon Rubber has a clear strategy and has made
significant progress with the recent acquisitions transforming the
Group into a leading provider of life critical personal protection
systems. I am looking forward to leading the Board through the next
phase of growth."
Non-Executive Director Changes
Avon Rubber confirms two further Board changes as follows:
In view of his recent appointment as Senior Independent Director
of Luceco plc and as the CEO of Constantia Flexibles International
GmbH, one of the world's leading manufacturers of flexible
packaging, Pim Vervaat will stand down from the Board after the
Annual General Meeting on 29 January 2021. Bindi Foyle will replace
Pim as Chair of the Audit Committee.
Avon is also pleased to announce the appointment of Victor
Chavez CBE as an independent Non-Executive Director with effect
from 1 December 2020. Victor has recently retired from a long and
successful tenure as CEO of Thales UK, the GBP1.2bn revenue, 6,500
person business operating across the defence, cyber security,
transportation, aerospace and space sectors. Victor's career at
Thales saw him involved in the company's bids for some of the most
significant military contracts in the UK including the Future
Integrated Soldier Technology project, which involved the provision
of a range of electronic and other systems designed to maximise the
effectiveness and protection of dismounted soldiers in the field.
Under Victor's leadership, Thales UK successfully grew its position
as a prime contractor and systems integrator to the UK MoD and
other international military customers.
Victor will also become a member of the Audit, Remuneration and
Nomination Committees from 1 December 2020.
There is no other information required to be disclosed pursuant
to Listing Rule 9.6.13 in respect of Victor Chavez.
Bruce Thompson, Chair Designate, commented:
"We are delighted to welcome a Non-Executive Director of
Victor's standing in the defence sector to the Board. This
appointment significantly strengthens the Board's defence industry
experience at a time when David Evans is stepping down from the
Board.
I wish to extend my sincere thanks to Pim Vervaat for his
contribution to the Board and to the strong development of the
Group since his appointment back in February 2015. On behalf of the
Board I wish Pim every success in his new roles."
For further enquiries, please contact:
Avon Rubber p.l.c.
Paul McDonald, Chief Executive Officer
Nick Keveth, Chief Financial Officer 01225 896 848
MHP Communications
Andrew Jaques 0203 128 8570
Charlie Barker
Pete Lambie
Ailsa Prestige
Legal Entity Identifier: 213800JM1AN62REBWA71
Note to editors:
Avon Rubber is listed on the London Stock Exchange (LSE: AVON)
and is a constituent of the FTSE 250 Index.
Avon Rubber is an innovative technology group, which designs and
produces life critical personal protection systems to maximise the
performance and capabilities of its customers, with leading
positions in the respiratory and ballistic protection markets for
the world's militaries and first responders.
For further information, please visit our website:
www.avon-rubber.com .
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END
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