REG - Avon Protection PLC - Chief Financial Officer Appointment

Avon TechnologiesAnnouncement

06/01/2022 07:00

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20220106:nRSF5691Xa&default-theme=true

RNS Number : 5691X  Avon Protection PLC  06 January 2022

6 January 2022

 

Avon Protection plc

 

Chief Financial Officer appointment

 

The Board is pleased to announce that Rich Cashin will succeed Nick Keveth as
Chief Financial Officer of Avon Protection plc ("Avon Protection" or the
"Group").

As planned and previously announced, Nick will retire as Chief Financial
Officer and stand down from the Board on 31 March 2022. Rich will join the
Group as Chief Financial Officer-designate on 7 March 2022, enabling a period
of hand-over, before being appointed to the Board as an Executive Director on
31 March 2022.

 

Rich brings to Avon Protection substantial experience in strategic and
financial roles in listed companies in the aerospace and defence industry.
Prior to this appointment, Rich has held the position of President, Strategy
and Corporate Development for Ultra Electronics Holdings plc since June 2019.
Prior to that he was Group Head of Investor Relations and, subsequently, a
divisional Finance Director for Meggitt PLC. He has also held a number of
investment and finance roles at Rolls-Royce plc and UBS AG. Rich is a
Chartered Management Accountant.

 

Bruce Thompson, Chair of Avon Protection, said "I would like to welcome Rich
to Avon Protection. Rich brings substantial financial, strategic and
industry-specific experience, and we look forward to his participation in the
execution of our ambitious strategy. We thank Nick for his significant
contribution to the Group over the last four and a half years and wish him
well for his retirement."

 

Paul McDonald, Chief Executive Officer of Avon Protection said "I am
delighted Rich will be joining the Avon Protection leadership team. He brings
significant relevant financial and commercial experience to the role and I
look forward to working with him. I would also like to recognise and thank
Nick for the leadership he has provided to the Group and for the day-to-day
support he has provided me as CEO."

 

Nick Keveth, Chief Financial Officer of Avon Protection said "It has been a
privilege and a pleasure to play a part in the evolution of Avon Protection
over the last four and a half years. The Group is now well positioned for the
future and I wish the team every success."

 

No further information is required to be disclosed pursuant to Listing Rule
9.6.13 in respect of Rich Cashin's appointment as a director of Avon
Protection.

For further enquiries, please contact

Avon Protection plc

Bruce Thompson, Chair
                             +44 1225 896 848

Paul McDonald, Chief Executive Officer

 

MHP Communications

Andrew Jaques
                                                                 +44
783 462 3818

Charlie Barker
 
+44 771 003 2657

Peter
Lambie
avonprotection@mhpc.com (mailto:avonprotection@mhpc.com)

Legal Entity Identifier: 213800JM1AN62REBWA71

Certain information contained in this announcement would have constituted
inside information (as defined by Article 7 of Regulation (EU) No 596/2014)
("MAR") prior to its release as part of this announcement and is disclosed in
accordance with the Company's obligations under Article 17 of those
Regulations.

Note to editors:

Avon Protection designs and produces life critical personal protection
solutions for the world's militaries and first responders. With a portfolio
that includes Chemical, Biological, Radiological, Nuclear ("CBRN"),
respiratory and head protection products, Avon Protection's mission is to
relentlessly advance the future of protection enhancing the performance,
efficiency and capability of their customers whilst providing ever increasing
levels of protection.

Avon Protection operates from 7 locations employing more than 1,000 people and
is listed on the London Stock Exchange (LSE: AVON).

For further information, please visit our website www.avon-protection-plc.com
(http://www.avon-protection-plc.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 (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  BOAFLFEDLLIEIIF