Renold PLC Directorate Change (6664E)
July 20 2016 - 1:01AM
UK Regulatory
TIDMRNO
RNS Number : 6664E
Renold PLC
20 July 2016
Renold plc
("Renold", "the Company" or "the Group")
Directorate Change
After six years with Renold, Brian Tenner has informed the Board
of his intention to leave the Company, when a suitable successor
has been found, in order to pursue new opportunities. A search for
his successor is well advanced and a further announcement is
expected to be made in due course.
Mark Harper, Chairman said
"Brian has played a key role in the delivery to date of the
Group's "Step 2020" strategy, including improved business
performance, rationalisation of operations and actions taken to
de-risk the pension fund and improve cash and treasury
management.
On behalf of everyone at Renold, the Board thanks Brian for his
substantial contribution and wishes him and his family all the very
best for the future."
20 July 2016
We will continue to work together to ensure a smooth transition
over the coming months
ENQUIRIES:
Renold plc 0161 498 4500
Robert Purcell, Chief
Executive
Brian Tenner, Finance
Director
Arden Partners 020 7614 5917
Chris Hardie
Instinctif Partners 020 7457 2020
Mark Garraway
Helen Tarbet
NOTES FOR EDITORS
Renold is a global leader in the manufacture of industrial
chains and also manufactures a range of torque transmission
products which are sold throughout the world to a broad range of
original equipment manufacturers and distributors. The Company has
a well deserved reputation for quality that is recognised
worldwide. Its products are used in a wide variety of industries
including manufacturing, transportation, energy, steel and
mining.
Further information about Renold can be found on the website at:
www.renold.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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