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REG - Filtronic PLC - Appointment of new CEO




 



RNS Number : 0567V
Filtronic PLC
04 August 2020
 

4 August 2020

 

Filtronic plc

 

Appointment of Chief Executive Officer ('CEO')

 

Filtronic plc (AIM: FTC), the designer and manufacturer of products for the critical communications, wireless telecoms and defence & aerospace markets, is pleased to announce the appointment of Richard Gibbs as CEO. Richard's formal start date with the Company will be 1 September 2020.

 

Richard is an experienced director who has led a number of business operations supplying semiconductor, RF and electronics subsystems to the telecoms, aerospace, defence, medical and oil & gas markets. Richard joins us from Micross Components Ltd, a PE owned company, where he has been Managing Director since 2016. Prior to his time at Micross, Richard spent nine years at E2V Technologies, where he was Group Sales & marketing Director and President of the RF Product and Hi-Reliability Semiconductors Divisions, and 20 years with Honeywell, of which 10 years were spent managing overseas operations.

 

Reg Gott, Chairman, commented:

 

"I am delighted to welcome Richard to the Company. He brings a wealth of relevant experience, technology and sector credentials to Filtronic and this combined with his strong track record of business growth & development position him well to provide the leadership required to deliver the next phase of our strategy." 

 

 Richard Gibbs said:

 

"Filtronic has an unrivalled reputation as a provider of state-of-the-art RF products and innovative telecom solutions and I am delighted to have the chance to join them for the next stage in their development. I very much look forward to building on the established technology platforms and deep engineering knowledge to expand the current customer base and reach new and adjacent markets."     

 

Enquiries:

 

Filtronic plc

Tel. 0113 220 0000 or investor.relations@filtronic.com

Reg Gott (Executive Chairman)

 

Michael Tyerman (Chief Financial Officer)

 

 

 

 

 

finnCap Ltd

Tel. 020 7220 0500

Jonny Franklin-Adams / Hannah Boros / Kate Washington (Corporate Finance)

Alice Lane / Sunila de Silva (ECM)

 

 

 

Walbrook PR Limited

Tel. 020 7933 8780 or filtronic@walbrookpr.com

Paul Vann

Mob. 07768 807631

 

 

 

Notes:

This announcement contains inside information for the purposes of Article 7 of Regulation (EU) No 596/2014.

 

Additional Information

 

The following disclosers are made in accordance with the AIM Rules for Companies. Other than this information, there is no further information required to be disclosed under paragraph (g) of Schedule Two of the AIM Rules for Companies:

 

Full Name

Richard William Gibbs

Age

61

Current beneficial shareholding in the Group

None

Current Directorships

Former Directorships (previous five years)

G2 Technologies LTD

 

Micross Components Limited

Micross Components Holdings LTD

Micross UK Solutions Limited

Eltek Semi-Conductors Limited

Tru-Form Limited

Die Technology Limited

Mintech Semiconductors Limited

TS2 Micro Limited

 

 

 

 

 

 


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 or visit www.rns.com.
 
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