RM2 International SA Board Appointments (7533A)
September 14 2018 - 1:01AM
UK Regulatory
TIDMRM2
RNS Number : 7533A
RM2 International SA
14 September 2018
14 September 2018
RM2 International S.A.
("RM2" or the "Company")
Board Appointments
RM2 (LSE-AIM: RM2), the sustainable smart pallet innovator, is
pleased to announce the nomination of two new members of the
Board.
David Binks brings to the Board nearly 35 years of experience in
the logistics industry, gained through positions in marketing,
sales and operations at FedEx Express around the world. Most
recently, David was concurrently CEO of TNT and Regional President
FedEx Europe, based in the Netherlands. In this role, following the
EUR4.4 billion acquisition of TNT Express by FedEx, David led the
individual business units while preparing and executing the full
operational integration. Prior to this, David was Regional
President for FedEx EMEA where he held full P&L responsibility
for Europe, the Middle East, India and Africa leading a team of 12
executive officers and a total work force of 16,000 employees. He
was also previously Senior Vice President for FedEx European
Operations with full operational responsibility for operations in
52 countries. David holds a bachelor's degree in Economics (Honors)
from Coventry University in England.
Andrew M. Geisse has been in the technology industry for over 35
years. He currently serves in an advisory or a board member
capacity to nearly a dozen innovative technology and start-up firms
and is an Operating Partner at Bessemer Venture Partners. Andy is
the former CEO of AT&T Business Solutions and the former CIO of
AT&T, Inc. Whilst CEO for AT&T's business-to-business
group, Andy was responsible for over $70 billion of AT&T's
revenues with 65,000 employees and contractors. He also developed
the group's growth and product strategy including AT&T's new
cloud strategy and oversaw the growth of the group's mobility and
strategic wireline services. His deep experience in digital
technology, as well as his involvement in advising innovative
firms, brings complementary knowledge and skills to the RM2 Board.
Andy earned a bachelor's degree in Economics and Mathematics from
the University of Missouri and holds an MBA from Olin School of
Business at Washington University.
The Company is posting to shareholders a notice convening a
General Meeting of Shareholders, to be held at 5 Rue de la
Chapelle, Luxembourg, L-1325, Luxembourg at 10:30 a.m. BST/11:30
a.m. CEST on 3 October 2018. At this meeting, resolutions will be
proposed (i) to elect David Binks and Andrew M. Geisse to the board
of directors, (ii) to modify the modalities of granting equity
awards under the existing authorized share capital by the issue of
ordinary shares and by capitalizing share premium and/or other
available distributable reserves and (iii) to harmonize the
translation of article 14.9 of the English and French versions of
the Articles of Association regarding the signing of minutes, as
set out in the Notice of General Meeting.
RM2's Chairman, Ian Molson, commented:
"I am delighted to nominate two such high calibre individuals to
RM2's Board. I am confident that both David and Andy will be
tremendously valuable additions to the Board, bringing a wealth of
experience across two vitally important sectors to our business.
David's management experience in the logistics industry, coupled
with Andy's extensive technology expertise will be of crucial
support to RM2 as it continues to advance its long-term strategy
and the implementation of its innovative RM2 ELIoT pallets across
international markets."
Further information on David Binks and Andrew M. Geisse as
required to be disclosed in accordance with Schedule 2 (g) of the
AIM Rules for Companies:
David Binks, aged 56
Details of Current Directorships Details of Previous Directorships
and Partnerships and Partnerships (last 5 years)
--------------------------------- -----------------------------------
Junior Achievements ASBL
Federal Express Europe, Inc.
Federal Express Luxembourg,
LLC
FedEx Express International
B.V.
TNT Express B.V.
FedEx Acquisition B.V.
TNT Express Holdings B.V.
TNT Holdings B.V.
Stichting Vereffening TNT Express
-----------------------------------
Andrew Michael Geisse, aged 61
Details of Current Directorships Details of Previous Directorships
and Partnerships and Partnerships (last 5 years)
--------------------------------- ----------------------------------
Otonomo Inc. iSight Partners Inc.
Fixstream Networks Inc. BroadSoft Inc.
Marla Bay Advisers LLC ClearEdge Power Inc.
Bessemer Venture Partners
----------------------------------
Mr. Geisse was a director of ClearEdge Power Inc, a United
States incorporated fuel cell technology company, which filed for
bankruptcy under Chapter 11 of the United State Bankruptcy Code, in
the Northern District of California in May 2014. ClearEdge Power
Inc. emerged from bankruptcy in April 2016. The plan of
reorganization transferred all assets and liabilities to a
liquidation trust, which has a five-year term.
For further information:
+44 (0)20 7638
RM2 International S.A. 9571
Kevin Mazula, Chief Executive Officer
Jean-Francois Blouvac, Chief Financial Officer
Strand Hanson Limited (Nominated & Financial +44 (0)20 7409
Adviser and Broker) 3494
James Spinney / Ritchie Balmer / James Bellman
+44 (0)20 7638
Citigate Dewe Rogerson (Financial PR) 9571
Ellen Wilton / Elizabeth Kittle
The information contained within this announcement is deemed by
the Company to constitute inside information as stipulated under
the Market Abuse Regulations (EU) No. 596/2014.
Notes to Editors
RM2 International S.A. specialises in pallet development,
manufacture, supply and management to establish a leading presence
in global pallet supply and improve the supply chain of
manufacturing and distribution businesses through the effective and
efficient use and management of composite pallets. It is quoted on
the AIM market of the London Stock Exchange under the symbol RM2.L.
For further information, please visit www.rm2.com
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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