Dewhurst Group PLC Appointment of Chief Executive Officer (0472S)

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RNS Number : 0472S

Dewhurst Group PLC

12 July 2022

Dewhurst Group PLC

("Dewhurst" or the "Company")

Appointment of Chief Executive Officer

Dewhurst Group plc (AIM: DWHT), the global manufacturer and supplier of quality components to the lift, transport and keypad industries today announces the appointment of John Bailey as Chief Executive Officer effective 1 October 2022. John is an existing Board member of the Company and Managing Director of the Company's A&A Electrical Distributors business. Alongside John's appointment, David Dewhurst will stand down as Group Managing Director and will take up an Executive role as Strategic Advisor.

The members of the Dewhurst Group plc Board of Directors remain unchanged.

Prior to joining Dewhurst in 2008, John worked in senior commercial roles for leading manufacturers in the building products sector. In his 15 years with Dewhurst Group John has led our TMP and A&A businesses as Managing Director and played a key role at Group Board level in the development of our businesses both in the UK and overseas.

Richard Dewhurst, Dewhurst Group Chairman said, "We are extremely pleased to announce the appointment of John Bailey as CEO of Dewhurst. John is a strong and strategic leader whose people and customer centric focus combined with his commercial experience make him ideally suited to lead the growth and future success of Dewhurst. John will be well supported by David Dewhurst in his new role of strategic advisor, who together with the Group Board, will ensure a smooth transition. On behalf of the Board, I would also like to take the opportunity to thank David for his significant contribution to the Company during his time as Group Managing Director".

John Bailey said "I am delighted to be appointed as Dewhurst Group plc CEO as we continue to navigate the global challenges of supply chain and cultural change whilst maintaining a clear mandate for organic and strategic growth. Embedding sustainability, developing our people, sharing best practice and building resilience into our businesses will also be key areas of focus. The business has a strong Board and a highly experienced team leading our dedicated and skilled people worldwide. I very much look forward to working with our teams to deliver future growth for Dewhurst and its shareholders".

Contacts:

 
Dewhurst Group Plc                             Tel: [phone] 
                                                 8200 
 Richard Dewhurst, Chairman 
  Jared Sinclair, Finance Director 
  www.dewhurst-group.com 
 Singer Capital Markets (Nominated Adviser and  Tel: [phone] 
  Sole Broker)                                   3000 
 Will Goode / James Fischer 
 

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July 12, 2022 02:00 ET (06:00 GMT)