REG - James Halstead PLC - Board Changes

James HalsteadAnnouncement

01/10/2024 07:15

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RNS Number : 2912G  James Halstead PLC  01 October 2024

 

1 October 2024

 

 

JAMES HALSTEAD PLC

(the "Company")

 

Board changes

Mr Anthony Wild will stand down as Chairman at the upcoming annual general
meeting to be held on 6 December 2024. Mr Wild has been a Director of the
Company for 23 years, the last seven as Chairman.

 

Consequent to Chairman's departure, the Board proposes the following changes.
Mr Mark Halstead, who has held the role of Chief Executive, will step up to
the position of Executive Chairman and Mr Gordon Oliver, a Director since 1999
and current Finance Director, will succeed Mr Halstead as the Chief Executive.
In addition, Mr David Drillingcourt, who joined the Board in January 2024 will
assume the role of Finance Director.

 

With regard to the composition of the Board this will result in three
executive directors and three non-executive directors.

 

Commenting on Anthony Wild, Mark Halstead said:

 

''On behalf of the Board I would like to express our appreciation of Anthony's
contribution to the successful growth of the Company during his 23 years on
the board.''

 

 Enquiries:

 James Halstead plc                        Tel: 0161 767 2500
 Mark Halstead, Chief Executive
 Gordon Oliver, Finance Director

 Hudson Sandler                            Tel: 020 7796 4133
 Nick Lyon / Nick Moore

 Panmure Liberum (Nomad and Joint Broker)  Tel: 020 7886 2500
 Ed Mansfield / Tom Scrivens

 Zeus  (Joint Broker)                      Tel: 020 3829 5000

 Ben Thorne / Fraser Marshall

 

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