TIDMESNT
RNS Number : 9181I
Essentra plc
22 June 2017
ESSENTRA PLC
A leading global provider of essential components and
solutions
APPOINTMENT OF NON-EXECUTIVE DIRECTORS
The Board of Essentra plc ("Essentra" or "the Company") today
announces the appointment of Mary Reilly and Ralf K. Wunderlich as
Non-Executive Directors, with effect from 1 July 2017.
Mary is currently Non-Executive Director and Chair of the Audit
Committee of global media internet company Travelzoo - a US-listed
publisher of travel, entertainment and local offers - and of
Ferrexpo Plc, an iron ore mining company. She is a Non-Executive
Director of Cape plc - a global industrial services company - and
Non-Executive Director and Chair of the Oversight Committee of
Saranac Partners, a wealth management partnership. Mary is also a
Non-Executive Director and Chair of the Audit & Risk Committee
of the Department of Transport in the UK and of Crown Agents Ltd,
an international development company with partners in nearly 100
countries: both these appointments are due to cease at the end of
September 2017. Mary was previously a Partner of Deloitte LLP for
more than twenty years, as well as serving on a number of Boards in
a Non-Executive capacity since 2000. Mary will become a member of
the Essentra Nomination, Audit and Remuneration Committees upon
joining the Board on 1 July 2017.
Based in Singapore, Ralf is currently a senior adviser to
private equity firms and an independent consultant. He was
previously President and Managing Director of Amcor Flexibles -
Asia Pacific and a member of the Global Group Executive Team of
Amcor, the world leader in packaging with operations in
approximately 40 countries and revenue of approximately US$10bn.
Before joining Amcor in 2010, Ralf was President and Managing
Director of LINPAC Packaging Ltd UK and a Board Director of LINPAC
Group, prior to which he worked in a number of increasingly senior
operational, strategic and management roles during a 14-year career
at Rio Tinto Alcan. Since 2009, Ralf has also served as a
Non-Executive Director on the Board of AptarGroup, Inc., the leader
in the global dispensing systems industry which is listed on the
New York Stock Exchange; he was previously a Non-Executive Director
of AMVIG, a tobacco packaging leader in China, listed on the Hong
Kong Stock Exchange.
Commenting on today's announcement, Paul Lester, Chairman, said:
"On behalf of the entire Board, I am delighted to welcome Mary and
Ralf to Essentra. Their extensive international experience, gained
over many years and across a wide range of industries, will add a
further perspective and valued insight to the Company. As such, my
fellow Directors and I look forward to working with them, as we
move forward under the common objective of delivering sustainable,
long-term shareholder value, excellent customer service and a
motivated and engaged workforce."
Mary Reilly and Ralf K. Wunderlich have each advised the Company
that no other details are required to be disclosed under Listing
Rule 9.6.13.
Enquiries
Essentra plc Ogilvy PR London
Joanna Speed, Corporate Venetia Hendy
Affairs Director Tel: +44 (0)7585 990584
Tel: +44 (0)1908 359100 E-mail: venetia.hendy@ogilvy.com
Notes to Editors
About Essentra plc
Essentra plc is a FTSE 250 company and a leading global provider
of essential components and solutions. Essentra focuses on the
light manufacture and distribution of high volume, enabling
components which serve customers in a wide variety of end-markets
and geographies.
Component Solutions
The Components business is a global market leading manufacturer
and distributor of plastic injection moulded, vinyl dip moulded and
metal items. Operating units in 29 countries serve a very broad
industrial base of customers with a rapid supply of products for a
variety of applications in industries such as equipment
manufacturing, automotive, fabrication, electronics and
construction.
The Pipe Protection Technologies business specialises in the
manufacture of high performance innovative products from commodity
resins to engineering-grade thermoplastics and polymer alloys for
use in a range of end-markets. Locations in four countries,
combined with a wide distributor network, serve customers around
the world.
Essentra Extrusion is a leading custom profile extruder located
in the Netherlands which offers a complete design and production
service. One of the first companies to extrude plastics in 1956,
Essentra is now one of Europe's most advanced suppliers of
co-extrusion and tri-extrusion to all branches of industry.
The Security business has access to a wide portfolio of products
and services, including printers, software and consumables from
leading manufacturers.
Health & Personal Care Packaging
A leading global provider of packaging and authentication
solutions to a diversified blue-chip customer base in the
pharmaceutical, health & personal care, consumer and specialist
packaging sectors. The business focuses on delivering value-adding
innovation, quality and service through the provision of a wide
range of printed products and solutions, including cartons, tapes,
leaflets, foils, labels and authentication solutions.
The Speciality Tapes business has expertise in coating multiple
adhesive systems in numerous technologies. With close to 3,000
adhesive products available for same-day shipping, Essentra's
products can meet all high performance needs, from foam, magnetic,
finger lift and acrylic high bond tapes to hook and loop and
non-skid foam.
Filter Products
Essentra Filter Products is the only global independent
cigarette filter supplier. The nine worldwide locations, including
a dedicated Technology Centre supported by three regional
development facilities, provide a flexible infrastructure
strategically positioned to serve the tobacco industry. The
business supplies a wide range of value-adding high quality
innovative filters, packaging solutions to the roll your own
segment and analytical laboratory services for ingredient
measurement to the industry.
Headquartered in the United Kingdom, Essentra's global network
extends to 33 countries and includes c. 8,000 employees, 48
principal manufacturing facilities, 64 sales & distribution
operations and 4 research & development centres. For further
information, please visit www.essentraplc.com.
This information is provided by RNS
The company news service from the London Stock Exchange
END
BOAFTMJTMBBTBJR
(END) Dow Jones Newswires
June 22, 2017 09:14 ET (13:14 GMT)
Essentra (LSE:ESNT)
Historical Stock Chart
From Mar 2024 to Apr 2024
Essentra (LSE:ESNT)
Historical Stock Chart
From Apr 2023 to Apr 2024