REG - Vesuvius plc - Directorate Change

VesuviusAnnouncement

09/09/2022 07:00

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RNS Number : 8539Y  Vesuvius plc  09 September 2022

 

 

9 September 2022

 

Vesuvius plc

Directorate Change

 

Vesuvius plc ("Vesuvius", the "Group"), a global leader in molten metal flow
engineering, announces that Guy Young has resigned from his position as Chief
Financial Officer after six years with the Group, in order to take up a new
opportunity. He will stay with Vesuvius until mid-February 2023.  Over this
period he will remain focused on the delivery and closing of the Company's
full year results for 2022, and ensuring the effective transition of his
responsibilities.

 

The search for a new CFO is underway and a further announcement regarding
Guy's succession will be made in due course.

 

Patrick André, Chief Executive said "Guy has been a highly valued colleague
at Vesuvius since joining the Group in 2015. I would like to take this
opportunity to thank him, on behalf of the Board and his colleagues at
Vesuvius, for his support in delivering on the Group's strategy over the past
six years. He will leave us with our very best wishes for his future career."

 

 

 For further information, please contact:
 Shareholder/analyst enquiries:
 Vesuvius plc                    Patrick André, Chief Executive                   +44 (0) 207 822 0000

+44 (0) 7584 641 315
                                 Euan Drysdale, Group Head of Corporate Finance

                                                +44 (0) 7387 545 271
                                 Rachel Stevens, Head of Investor Relations
 Media enquiries:
 MHP Communications              Andrew Jaques/ Rachel Farrington/Peter Lambie    +44 (0) 203 128 8570

 

 

Additional Information

Guy Young will be treated in accordance with the Company's Directors'
Remuneration Policy and the terms of his service contract. A statement
concerning the particulars of remuneration payments in accordance with Section
430(2B) of the Companies Act 2006 will be disclosed on the Vesuvius website
when the date of Guy Young's last day of employment is confirmed.

 

 

About Vesuvius plc

 

Vesuvius is a global leader in molten metal flow engineering and technology
principally serving process industries operating in challenging high
temperature conditions.

 

We develop innovative and customised solutions, often used in extremely
demanding industrial environments, which enable our customers to make their
manufacturing processes safer, more efficient and more sustainable.  These
include flow control solutions, advanced refractories and other consumable
products and increasingly, related technical services including data capture.

 

We have a worldwide presence. We serve our customers through a network of
cost-efficient manufacturing plants located close to their own facilities, and
embed our industry experts within their operations, who are all supported by
our global technology centres.

 

Our core competitive strengths are our market and technology leadership,
strong customer relationships, well established presence in developing markets
and our global reach, all of which facilitate the expansion of our addressable
markets.

 

Our ultimate goal is to create value for our customers, and to deliver
sustainable, profitable growth for our shareholders giving a superior return
on their investment whilst providing each of our employees with a safe
workplace where they are recognised, developed and properly rewarded.

 

We think beyond today to create solutions that will shape the future for
everyone.

 

 

Vesuvius plc, 165 Fleet Street, London EC4A 2AE

Registered in England and Wales No. 8217766

LEI: 213800ORZ521W585SY02

www.vesuvius.com (http://www.vesuvius.com)

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