FIH Group PLC Directorate Change (1926T)
November 23 2021 - 1:00AM
UK Regulatory
TIDMFIH
RNS Number : 1926T
FIH Group PLC
23 November 2021
23 November 2021
This announcement contains inside information for the purposes
of Article 7 of the UK version of Regulation (EU) No 596/2014 which
is part of UK law by virtue of the European Union (Withdrawal) Act
2018, as amended ("MAR"). Upon the publication of this announcement
via a Regulatory Information Service, this inside information is
now considered to be in the public domain.
FIH Group plc
("FIH" or the "Group")
Directorate Change
FIH, the AIM quoted international services group that owns
essential services businesses in the Falkland Islands and the UK,
today announces as part of its succession planning and in line with
John Foster's wish to step down from his position as CEO, the Board
has agreed with John that this will take place on 14 April
2022.
Stuart Munro, who joined as CFO in April this year, will succeed
John as CEO and in the time leading up to his appointment, changes
will be made to the finance function to accommodate his move.
John has been CEO and MD of the Group for 17 years and agreed to
remain with FIH through its financial year ending 31 March 2022, to
ensure a smooth transition.
Robin Williams, Chairman of FIH , said, "On behalf of the Board,
I would like to thank John for his significant contribution to the
business over the past 17 years and wish him well in his future
endeavours. Stuart joined FIH with the potential to make the step
up to the CEO role and I am delighted to confirm his move, having
now worked alongside him for the past 6 months during which he has
clearly shown that he has the strategic and operational skills to
lead the Group."
Enquiries:
FIH group plc
Robin Williams, Chairman Tel: 01279 461630
John Foster, CEO
WH Ireland Ltd. - NOMAD and Broker Tel: 0207 220 1666
to FIH
Adrian Hadden / Jessica Cave
--------------------------
Novella Communications
Tim Robertson / Chris Marsh Tel: 020 3151 7008
--------------------------
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END
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