REG - Fisher (James) - Board Change

James Fisher And SonsAnnouncement

17/07/2023 07:15

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RNS Number : 1489G  Fisher (James) & Sons plc  17 July 2023

17 July 2023

James Fisher and Sons plc

 

Board Change

 

James Fisher and Sons plc (FSJ.L) ("James Fisher" or the "Company"), the
leading marine services provider, announces that Duncan Kennedy has informed
the Company of his intention to step down from his position as Chief Financial
Officer and Executive Director within the next twelve months. The Board has
instigated a search for his successor and Duncan will remain in post until his
successor commences to ensure an orderly handover.

 

Angus Cockburn, Chairman, said:

 

"On behalf of the Board I would like to thank Duncan for his contribution to
the Company over the last two years, particularly in relation to the recent
implementation of our new strategy. On behalf of everyone at James Fisher, we
wish him all the very best for the future."

 

Duncan Kennedy, Chief Financial Officer, said:

 

"I have enjoyed my time as CFO of James Fisher and am proud of the progress we
have made in simplifying the business and reducing its debt. My best wishes
for the future go to everyone at the Company."

 

This announcement is made pursuant to LR 9.6.11 of the Listing Rules. A
further announcement will be made in respect of the appointment of a new Chief
Financial Officer in due course.

 

This announcement includes inside information as defined in Article 7 of the
Market Abuse Regulation No. 596/2014. The person responsible for arranging the
release of this announcement on behalf of James Fisher is Jean-François
Bauer, Group General Counsel.

 

Information regarding the payments to be made to Duncan Kennedy in connection
with him stepping down as Chief Financial Officer will be disclosed on the
Company's website and in the Company's Directors' Remuneration Reports in
accordance with the Company's statutory obligations.

 

 

For further information:

 

 James Fisher and Sons plc  Jean Vernet       Chief Executive Officer  020 7614 9503

 FTI Consulting             Richard Mountain                           020 3727 1340

                            Susanne Yule

 

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