REG - Chemring Group PLC - Directorate Change

ChemringAnnouncement

03/06/2025 07:00

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250603:nRSC1071La&default-theme=true

RNS Number : 1071L  Chemring Group PLC  03 June 2025

FOR IMMEDIATE
RELEASE
 
                        3 JUNE 2025

CHEMRING GROUP PLC ("Chemring", the "Group" or the "Company")

DIRECTORATE CHANGE

 

APPOINTMENT OF NON-EXECUTIVE DIRECTOR

 

Chemring today announces the appointment of Pete Raby as an independent
non-executive director. He will join the Board on 1 September 2025.

 

Pete has a strong technical background and extensive experience in planning
and executing business strategy across global technology and manufacturing
operations.

 

Pete is currently CEO of Morgan Advanced Materials plc ("Morgan"), the
FTSE-250 listed global manufacturer of advanced carbon and ceramic materials
with 60 operating sites serving a diverse range of customers across a range of
end-markets and employing approximately 8,600 people worldwide. He is
highly-regarded for having driven considerable transformation and operational
improvement at Morgan over a sustained period. Pete has been in this role for
ten years and is due to retire on 1 July 2025.

 

Before joining Morgan, Pete was President of the Communications and
Connectivity sector of Cobham plc. Pete demonstrated strong leadership across
a range of senior strategy, technology and operational positions at Cobham
over a nine-year period. Prior to Cobham, Pete was a partner at McKinsey &
Company in London, specialising in strategy and operations in the aerospace,
defence and power and gas sectors.

 

Pete has a PhD in Satellite Navigation and a Master's degree in Engineering,
both from Leeds University.

 

Pete is a Non-Executive Director of Hill & Smith plc. Upon joining the
Board, Pete will become a member of the Audit, Nomination and Remuneration
committees.

 

Tony Wood, Chairman of Chemring, commented: "Following an extensive selection
process, I am delighted to welcome Pete to Chemring. He brings considerable
experience, combining a strong technical and strategy background with
significant business leadership experience of global manufacturing and
engineering businesses. I am confident that he will make a strong contribution
to the continued development and performance of the Company."

 

There are no further disclosures required to be made in accordance with UKLR
6.4.8 of the FCA's UK Listing Rules sourcebook.

 

-ENDS-

 

For further information:

Rupert Pittman                 Group Director of Corporate
Affairs,
 
01794 463401

                                             Chemring
Group PLC

James McFarlane             MHP Group
 
        07584 142665

Ollie Hoare
 
                               07817 458804

Notes to editors

 

·   Chemring is a FTSE-250 global business that specialises in the
manufacture of high technology products and the provision of services to the
defence, security and aerospace markets

·   Employing approximately 2,700 people worldwide, and with production
facilities in four countries, Chemring meets the needs of customers in more
than fifty countries

·   Chemring is organised under two strategic product segments: Sensors
& Information and Countermeasures & Energetics

·   Chemring has a diverse portfolio of products that deliver high
reliability solutions to protect people, platforms, missions and information
against constantly changing threats

·   Operating in niche markets and with strong investment in research and
development ("R&D"), Chemring has the agility to rapidly react to urgent
customer needs

 

www.chemring.com (http://www.chemring.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  BOABRGDLLDGDGUD