REG - Eurocell plc - Directorate change

EurocellAnnouncement

Tue 07:00

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RNS Number : 0121G  Eurocell plc  04 November 2025

4 November 2025

EUROCELL PLC

("Eurocell" the "Group" or the "Company")

CFO Announces Intention to Retire and CFO Designate Appointed

 

Eurocell plc, the leading UK manufacturer and distributor of door and window
products to the trade, today announces that Michael Scott, who has served as
Chief Financial Officer (CFO) since 2016, has notified the Board of his
intention to retire in the spring. He will be succeeded by Will Truman,
currently a Non-executive Director at Eurocell, who has been appointed CFO
Designate and will join the business full time during November.

 

To ensure a smooth transition, Michael will remain with the Group until the
conclusion of the FY 2025 financial reporting process in the spring. Following
a planned handover, it is intended that Will assumes the role of CFO in the
new year.

 

Will was Chief Executive at Imagesound Ltd for 9 years up to April 2023,
having served as CFO for 7 years prior to that. Previously, he was an
Associate Director within Transaction Services at KPMG LLP, having previously
been a member of the Corporate Finance and Audit teams, and is a Fellow of the
Institute of Chartered Accountants in England and Wales.

 

Derek Mapp, Chair of Eurocell, said:

"As CFO for the past 9 years, Michael has been instrumental in Eurocell's
development, initially as a new plc through a period of very strong growth,
and subsequently navigating exceptional challenges such as the COVID pandemic
and shaping our response to changing market conditions. More recently, he was
influential in the design of our current strategy and in delivering the Alunet
acquisition. We are extremely grateful to Michael for his immense contribution
to the Group and his commitment to ensure a smooth transition. On behalf of
the Board, I thank him for his significant achievements, and we wish him all
the very best for the future.

 

We are delighted that Will has agreed to step into this role. Having served on
our Board as a Non-executive Director since 2023, he has a deep understanding
of the Group, its culture, and its strategic objectives. The Board is
confident Will's appointment will bring valuable stability as we continue to
progress our strategy."

 

Michael Scott said:

"It has been a privilege to be Eurocell's CFO through an exciting period of
change and growth. I would like to thank all my colleagues throughout the
business for their very strong support. The Group is now well placed to
deliver its strategic priorities."

 

Notes for Editors

This information is provided pursuant to Listing Rules 6.4.6R and 6.4.8R(1)

 

Effective from the date of this announcement Will's role and service terms
have been varied from Non-executive Director to those of an Executive
Director. Will's membership of the Remuneration, Nomination, Social Value
& ESG and Audit & Risk Committees will therefore now cease.  He will
also end his participation under the Non-executive Director share plan.

 

Enquiries:

Eurocell plc

Darren Waters, Chief Executive
Officer                                +44 (0)
1773 842 105

Michael Scott, Chief Financial
Officer
+44 (0) 1773 842 140

Teneo

Nick de Bunsen
                          +44 (0) 7825 575 258

 

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