Genus PLC Chief Financial Officer Retirement

RNS Number : 0155J

Genus PLC

22 October 2024

 

22 October 2024

 

Genus plc

Chief Financial Officer Retirement

("Genus" or the "Group")

 

Genus (LSE: GNS), a leading global animal genetics company, announces that Alison Henriksen,  Chief Financial Officer, has informed the Board of her intention to retire after five years with the Group. Alison will remain in her existing role until 31 July 2025 to assist with the transition and continue to focus on delivery of the Group's strategic priorities until her retirement.

The Board has initiated a comprehensive search for Alison's successor and will provide an update once this process has concluded.

Jorgen Kokke, Group Chief Executive Officer, commented:

"On behalf of the Board, I would like to thank Alison for her support and significant contribution to Genus's development over the last five years. Alison's financial leadership has been instrumental in Genus building a strong growth platform for many years to come. On a personal note, it has been a pleasure working with Alison, and I'm appreciative of her partnership since I joined Genus, however I fully understand her desire to create more time for family, her other interests, and to return to Australia."    

 

For further information please contact:

Genus plc            Tel: [phone]

Jorgen Kokke, Chief Executive Officer

Alison Henriksen, Chief Financial Officer

Anand Date, Investor Relations Director

Buchanan            Tel: [phone]

Charles Ryland; Toto Berger; Sophie Wills; Verity Parker

About Genus

Genus is a world-leading animal genetics company. Genus creates advances to animal breeding and genetic improvement by applying biotechnology and sells added value products for livestock farming and food producers. Its technology is applicable across livestock species and is currently commercialised by Genus in the dairy, beef and pork food production sectors.

Genus's worldwide sales are made in over seventy-five countries under the trademarks 'ABS' (dairy and beef cattle) and 'PIC' (pigs) and comprise semen, embryos and breeding animals with superior genetics to those animals currently in farms. Genus's customers' animals produce offspring with greater production efficiency, and quality, and use these to supply the global dairy and meat supply chains.

The Group's competitive edge has been created from the ownership and control of proprietary lines of breeding animals, the biotechnology used to improve them and its global supply chain, technical service and sales and distribution network.

With headquarters in Basingstoke, United Kingdom, Genus companies operate in over twenty-five countries on six continents, with research laboratories located in Madison, Wisconsin, USA.

 

Regulatory notes

Details of Alison's terms of departure will be consistent with Genus's existing remuneration policy and the terms will be posted on the Company's website, in accordance with section 430(2B) Companies Act 2006.

 

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