Low & Bonar PLC Directorate Change (1350J)

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RNS Number : 1350J

Low & Bonar PLC

03 December 2018

LEI213800CALFKOEL7N7P10

Low & Bonar PLC

("Low & Bonar" or the "Company")

Appointment of Group Chief Financial Officer

The Company is pleased to announce the appointment of Ian Ashton as Group Chief Financial Officer. Ian will join Low & Bonar and be appointed to the Board as an Executive Director on 10 December 2018.

Ian was previously Chief Financial Officer of Labviva LLC, a US-based technology company. Until December 2017, Ian worked for twenty years at Smith & Nephew plc in various financial roles of increasing seniority in the UK, the US and China. His last role was Chief Financial Officer, Global Operations, and prior to that he served as Chief Financial Officer of their Advanced Surgical Devices Division. Ian qualified as a chartered accountant and began his career at EY.

Further to the announcement of 25 September 2018 and following Ian's appointment, Simon Webb will step down from the Board on 17 December 2018 but will remain an employee until 25 February 2019.

Daniel Dayan, Chairman, commented:

"We are delighted to welcome Ian to the Board and to Low & Bonar's senior management team. We look forward to his contribution as we develop and implement strategies to deliver operational improvement and profitable growth."

There are no further disclosures required pursuant to paragraphs 9.6.11 to 9.6.13 of the Listing Rules.

For further information, please contact:

 
Low & Bonar PLC                                   020 7535 3180 
Daniel Dayan, Chairman 
 Philip de Klerk, Group Chief Executive Officer 
Instinctif Partners                               020 7457 2020 
Matthew Smallwood 
Rosie Driscoll 
 

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December 03, 2018 02:01 ET (07:01 GMT)