REG - Renishaw PLC - Board Change and Trading Update

RenishawAnnouncement

21/08/2025 07:00

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RNS Number : 1558W  Renishaw PLC  21 August 2025

Renishaw plc

Board Change and Trading Update

Renishaw plc, the global provider of manufacturing technologies, analytical
instruments and medical devices, announces the following Board change.

After a career of over 46 years with Renishaw plc, Allen Roberts has agreed
with the Board that he will step down from his position as Group Finance
Director and will not stand for re-election at the upcoming Annual General
Meeting on 26 November 2025. Allen will remain an employee of the Company
until 31 December 2025 to facilitate the handover of his responsibilities.

John Deer, co-founder of Renishaw plc and Non-executive Director, commented:

"Allen has been a huge part of the Renishaw success story. From the first
interactions that Sir David McMurtry and I had with him in 1974 it was clear
that when the time was right for us to recruit our first Finance Director,
Allen was the person who would help us to shape Renishaw's future. The company
owes him an enormous debt of gratitude for helping to navigate its financial
and strategic development over the past 46 years, notably in establishing its
overseas subsidiaries. I wish him all the very best with his retirement and I
would like to express my enormous personal gratitude for his friendship and
wise counsel over the past five decades."

Sir David Grant, Interim Non-Executive Chair, commented:

"To have remained Finance Director of a FTSE listed company for over 40 years
is an incredible achievement. Allen's stewardship of Renishaw's finances
through an ever-evolving business landscape has been a cornerstone of its
enduring success. On behalf of the Board, I wish him a long, happy and healthy
retirement."

A process has commenced to recruit a Chief Financial Officer. Further
information on this will be provided in due course. Details of the Company's
interim arrangements will also be provided in due course.

Renishaw's 2025 full year results will be released on 18 September 2025. We
expect revenue to be around the middle of the £700m to £720m range and
adjusted profit before tax to be towards the top of the £109m to £127m
range.

Kasim Hussain
Group General Counsel & Company Secretary

21 August 2025

 

 Renishaw plc
 Registered office:  New Mills, Wotton-under-Edge, Gloucestershire, GL12 8JR
 Registered number:  01106260, England and Wales
 Telephone:          +44 (0)1453 524524
 Website:            www.renishaw.com (http://www.renishaw.com/)

Notes to Editors:

Supplementary information relating to the remuneration arrangements for Allen
Roberts is set out below.

Full details of the departure terms of Allen Roberts will be disclosed on the
Company's website in compliance with Section 430(2B) of the Companies Act 2006
and in the Directors' Remuneration Report within the Company's 2025 Annual
Report and Accounts, as appropriate.

 

 

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