REG - Gooch & Housego PLC - Appointment of Chief Financial Officer
RNS Number : 4677XGooch & Housego PLC30 April 2019
For immediate release
30 April 2019
Gooch & Housego PLC
("G&H" or the "Company")
Appointment of Chief Financial Officer
Gooch & Housego PLC, the specialist manufacturer of optical components and systems, announces that Chris Jewell will be appointed to the Board of Directors as Chief Financial Officer ("CFO") with effect from October 2019 at the latest.
Chris has extensive executive and financial experience, with a successful track record in technology led, global engineering and manufacturing businesses operating in A&D, Industrial and Life Science markets.
He is currently Group Director of Financial Control at TT Electronics PLC and has previously held senior finance positions at Cobham PLC and MBDA UK.
Chris is a Fellow of the Institute of Chartered Accountants, holds a first class honours degree in History from Cambridge University and an MA from the London School of Economics.
Andy Boteler, our current CFO, will step down from the Board of Directors in June 2019 and in the interim period before Chris' start date, our Group Financial Controller Gareth Crowe will lead our finance function.
Mark Webster, CEO of Gooch & Housego, commented:
"Chris brings a wealth of global executive and financial experience. We are looking forward to benefiting from his knowledge and expertise as we continue to put in place the organisational structure and business systems needed to take the Company forward to its next stage of development.
"I would like to thank Andy personally for his support and advice during my time as CEO. He has been an important part of G&H's success over many years and will be missed.
"All of Andy's friends and colleagues at the Company wish him well with his future endeavours."
For further information contact: -
Mark Webster / Andrew Boteler
Gooch & Housego PLC
01460 256440
Mark Court / Sophie Wills/ Catriona Flint
Buchanan
020 7466 5000
Patrick Robb/ David Anderson
Investec Bank plc
020 7597 5970
Christopher Adrian Jewell (aged 54 years) currently holds or has held the following directorships or partnerships in the past five years:
Current Directorships or Partnerships
Previous Directorships or Partnerships
A.B. Electronic Components Limited
Aerial Facilities Limited
Automotive Electronic Systems Limited
BI Technologies Limited
Commendshaw Limited
Controls Direct Limited
Crystaliate Electronics Limited
Dale Electric International Limited
Deltight Washers Limited
Linton and Hirst Group Limited
Midland Electronics Limited
MMG Linton and Hirst Limited
Nulectrohms Limited
Rodco Limited
Sensit Limited
The Brearley Group Limited
TT Asia Holdings Limited
TT Automotive Electronics Limited
TT Electronics Europe Limited
TT Electronics Group Holdings Limited
TT Electronics Holdco Limited
TT Group Limited
TTG Nominees Limited
TT Power Solutions Limited
TTE Trustees Limited
TTG Properties Limited
Welwyn Electronics Limited
Wolsey Comcare Limited
Notes to editors
1. Gooch & Housego is a photonics technology business headquartered in Ilminster, Somerset, UK with operations in the USA and Europe. A world leader in its field, the company researches, designs, engineers and manufactures advanced photonic systems, components and instrumentation for applications in the Aerospace & Defence, Industrial, Life Sciences and Scientific Research sectors. World leading design, development and manufacturing expertise is offered across a broad range of complementary technologies.
2. All financial information included in this announcement is sourced from unaudited management accounts and excludes any specific items. This announcement contains certain forward-looking statements that are based on management's current expectations or beliefs as well as assumptions about future events. These are subject to risk factors associated with, amongst other things, the economic and business circumstances occurring from time to time in the countries and sectors in which G&H operates. It is believed that the expectations reflected in these statements are reasonable but they may be affected by a wide range of variables which could cause actual results, and G&H's plans and objectives, to differ materially from those currently anticipated or implied in the forward-looking statements. Investors should not place undue reliance on any such statements. Nothing in this announcement should be construed as a profit forecast.
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