Avon Rubber PLC Board Change (6152L)
April 29 2015 - 1:04AM
UK Regulatory
TIDMAVON
RNS Number : 6152L
Avon Rubber PLC
29 April 2015
Strictly embargoed until 07:00 Wednesday 29 April 2015
AVON RUBBER p.l.c. (the "Group" or the "Company")
Board change
Avon Rubber announces today that, after fifteen years with the
Group, the last seven of which have been as Chief Executive, Peter
Slabbert has informed the Board of his intention to step down from
his role as Chief Executive and retire from the Company.
This change will become effective on 30 September 2015, ahead of
which date Peter will continue in his current role. The search for
a successor has already commenced and a further update will be
provided in due course.
David Evans, Chairman, commented:
"The Board is immensely grateful to Peter for the contribution
he has made during his time with Avon Rubber. Early on he was an
instrumental part of the successful transformation of the Group,
helping to build the foundations that have led to the recent
consistent record of growth in profits, further evidenced in
today's interim results. He leaves behind a strong executive team
which the Board is confident will continue to grow the Group. "
Peter Slabbert, Chief Executive, commented:
"After fifteen years with the Group as CEO and Group Finance
Director I have decided it is time for a change in lifestyle. We
have transformed Avon Rubber and have established strong
foundations to continue to grow the Group."
For further enquiries, please contact:
Avon Rubber p.l.c.
Peter Slabbert, Chief Executive 020 7067 0700
David Evans, Chairman 01225 896850
Weber Shandwick Financial
Nick Oborne 020 7067 0700
Note to editors: The Group has transformed itself over the past
five years into an innovative design and engineering group
specialising in two core markets, Protection & Defence and
Dairy. With a strong emphasis on research and development we
design, test and manufacture specialist products from a number of
sites in the US and UK, serving markets around the world. We
achieve this through nurturing the talent and aspirations of our
employees to realise their highest potential.
Avon Protection is the recognised global market leader in
advanced Chemical, Biological, Radiological and Nuclear (CBRN)
respiratory protection systems technology for the world's military,
homeland security, first responder, fire and industrial markets.
With an unrivalled pedigree in mask design dating back to the
1920's, Avon Protection's advanced products are the first choice
for Personal Protective Equipment (PPE) users worldwide and are
placed at the heart of many international defence and tactical PPE
deployment strategies. Our expanding global customer base now
includes military forces, civil and first line defence troops,
emergency service teams and industrial, marine, mineral and oil
extraction site personnel. All put their trust in Avon's advanced
respiratory solutions to shield them from every possible
threat.
Our world-leading Dairy business and its Milkrite brand have a
global market presence. With a long history of manufacturing liners
and tubing for the dairy industry, Milkrite has become the leading
innovator and designer for products and services right at the heart
of milking. Our goal is always to improve and maintain animal
health. Working with the leading scientists and health specialists
in the global dairy industry we continue to invest in technology to
further improve the milking process and animal welfare. Our
products provide exceptional results for both the animal and the
milker, making the milk extraction process run smoothly. As our
market share and milking experience continue to grow, so does our
global presence.
For further information please visit the Group's website
www.avon-rubber.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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