REG - Genuit Group PLC - Directorate Change

GenuitAnnouncement

18/10/2022 16:30

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RNS Number : 3107D  Genuit Group PLC  18 October 2022

18 October 2022

Genuit Group plc

Board changes

Genuit Group plc ("Genuit", the "Company" or the "Group"), a leading provider
of sustainable water and climate management solutions for the built
environment, announces that following a comprehensive selection process led by
an external recruitment consultant, Kevin Boyd will succeed Ron Marsh as the
Company's Chair with effect from 1 November 2022. Kevin joined the Board in
September 2020 and was previously the Chief Financial Officer of global
engineering group Spirax-Sarco Engineering plc and Group Finance Director for
Oxford Instruments plc. He is also a Non-Executive Director of Bodycote plc
and Emis Group plc.

Ron will remain on the Board to assist with the handover of the Chair and will
stand down from the Board on 31 December 2022, having completed nearly nine
years of service.

Kevin Boyd, Independent Non-Executive Director, commented: "I am delighted to
have been appointed Chair of Genuit and look forward to working with the Board
and the senior management team as we embark on the next stage of the Group's
development. On behalf of the Board, we thank Ron for his hard work and
valuable contribution to the Group, and wish him every success for the future"

Ron Marsh, Chair, commented: "I am very proud to have led the Genuit Board
through a period of substantial growth and change over the last eight years. I
wish everyone at Genuit every success for the future and I look forward to
working with Kevin to ensure a smooth transition."

For further information please contact:

 

 

 

Emma
Versluys
            +44 (0)1138 315315

Group Legal Counsel & Company Secretary

 

Notes to Editors:

Genuit Group plc ("Genuit", the "Company" or the "Group"), a leading provider
of sustainable water and climate management solutions for the built
environment, is the largest manufacturer in the UK, and among the ten largest
manufacturers in Europe, of piping systems for the residential, commercial,
civils and infrastructure sectors by revenue. It is also a leading designer
and manufacturer of energy efficient solutions in water-based heating systems
in the UK.

 

The Group operates from 30 facilities in total and manufactures the UK's
widest range of solutions for heating, plumbing, drainage and ventilation.
The Group primarily targets the UK and European building and construction
markets with a presence in Italy and the Netherlands, and sells to specific
niches in the rest of the world.

 

Genuit Group plc changed its name from Polypipe Group plc on 6 April 2021. The
Group was established in 1980 and has been listed on the premium segment of
the London Stock Exchange since 2014.

 

 

 

 

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