REG - FIH Group PLC - Directorate Change

FIHAnnouncement

23/11/2021 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:20211123:nRSW1926Ta&default-theme=true

RNS Number : 1926T  FIH Group PLC  23 November 2021

23 November 2021

 

This announcement contains inside information for the purposes of Article 7 of
the UK version of Regulation (EU) No 596/2014 which is part of UK law by
virtue of the European Union (Withdrawal) Act 2018, as amended ("MAR"). Upon
the publication of this announcement via a Regulatory Information Service,
this inside information is now considered to be in the public domain.

 

FIH Group plc

("FIH" or the "Group")

Directorate Change

FIH, the AIM quoted international services group that owns essential services
businesses in the Falkland Islands and the UK, today announces as part of its
succession planning and in line with John Foster's wish to step down from his
position as CEO, the Board has agreed with John that this will take place on
14 April 2022.

Stuart Munro, who joined as CFO in April this year, will succeed John as CEO
and in the time leading up to his appointment, changes will be made to the
finance function to accommodate his move.

John has been CEO and MD of the Group for 17 years and agreed to remain with
FIH through its financial year ending 31 March 2022, to ensure a smooth
transition.

Robin Williams, Chairman of FIH, said, "On behalf of the Board, I would like
to thank John for his significant contribution to the business over the past
17 years and wish him well in his future endeavours. Stuart joined FIH with
the potential to make the step up to the CEO role and I am delighted to
confirm his move, having now worked alongside him for the past 6 months during
which he has clearly shown that he has the strategic and operational skills to
lead the Group."

 

Enquiries:

 

 FIH group plc

 Robin Williams, Chairman                    Tel: 01279 461630

 John Foster, CEO

 WH Ireland Ltd. - NOMAD and Broker to FIH   Tel: 0207 220 1666

 Adrian Hadden / Jessica Cave

 Novella Communications

 Tim Robertson / Chris Marsh                 Tel: 020 3151 7008

 

 

 

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  BOAUUSKRAUUAUAA