REG - Dewhurst Group PLC - Appointment of Chief Executive Officer

DewhurstAnnouncement

12/07/2022 07:00

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RNS Number : 0472S  Dewhurst Group PLC  12 July 2022

Dewhurst Group PLC

 

("Dewhurst" or the "Company")

 

Appointment of Chief Executive Officer

 

Dewhurst Group plc (AIM: DWHT), the global manufacturer and supplier of
quality components to the lift, transport and keypad industries
today announces the appointment of John Bailey as Chief Executive Officer
effective 1 October 2022. John is an existing Board member of the Company
and Managing Director of the Company's A&A Electrical Distributors
business. Alongside John's appointment, David Dewhurst will stand down as
Group Managing Director and will take up an Executive role as Strategic
Advisor.

The members of the Dewhurst Group plc Board of Directors remain unchanged.

Prior to joining Dewhurst in 2008, John worked in senior commercial roles for
leading manufacturers in the building products sector. In his 15 years with
Dewhurst Group John has led our TMP and A&A businesses as Managing
Director and played a key role at Group Board level in the development of our
businesses both in the UK and overseas.

Richard Dewhurst, Dewhurst Group Chairman said, "We are extremely pleased to
announce the appointment of John Bailey as CEO of Dewhurst. John is a strong
and strategic leader whose people and customer centric focus combined with his
commercial experience make him ideally suited to lead the growth and future
success of Dewhurst. John will be well supported by David Dewhurst in his new
role of strategic advisor, who together with the Group Board, will ensure a
smooth transition. On behalf of the Board, I would also like to take the
opportunity to thank David for his significant contribution to the Company
during his time as Group Managing Director".

John Bailey said "I am delighted to be appointed as Dewhurst Group plc CEO as
we continue to navigate the global challenges of supply chain and cultural
change whilst maintaining a clear mandate for organic and strategic growth.
Embedding sustainability, developing our people, sharing best practice and
building resilience into our businesses will also be key areas of focus. The
business has a strong Board and a highly experienced team leading our
dedicated and skilled people worldwide. I very much look forward to working
with our teams to deliver future growth for Dewhurst and its shareholders".

 

Contacts:

 

 Dewhurst Group Plc                                          Tel: +44 (0)208 744 8200
 Richard Dewhurst, Chairman

 Jared Sinclair, Finance Director

 www.dewhurst-group.com (http://www.dewhurst-group.com)

 Singer Capital Markets (Nominated Adviser and Sole Broker)  Tel: +44 (0)207 496 3000
 Will Goode / James Fischer

 

 

 

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