REG - Volex PLC - Appointment of Non-Executive Chair and CEO

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RNS Number : 1366H  Volex PLC  12 November 2025

LEI: 213800HBLQNH5FXXGE63

12 November 2025

Volex plc

("Volex", or the "Group")

Appointment of Non-Executive Chair and Chief Executive Officer

 

Volex plc (AIM: VLX), the specialist integrated manufacturer of critical power
and data transmission products, is pleased to announce that Dave Webster has
been appointed as Non-Executive Chair with immediate effect.  Nat Rothschild
will assume the role of Chief Executive Officer, also with immediate effect.

 

Dave brings significant experience to the Board from leading and successfully
growing advanced global manufacturing businesses across the public and private
sectors, covering multiple sectors.  At CPM Holdings, Inc, where he has
served as Chief Executive Officer since 2020, Dave has driven the company's
strategic focus on developing advanced process automation equipment and
aftermarket parts and services that improve industrial processes, enhance
product quality and reliability, and increase output across feed and food
production, green energy, advanced materials and sustainable packaging.

 

Prior to joining CPM, Dave led Electrical Components International (ECI) for
more than 20 years, transforming it into a global leader with over $1 billion
in revenue, 24,000 employees and operations in 14 countries.  This growth was
delivered through a focus on building long-term relationships with blue chip
customers and suppliers through a commitment to outstanding service,
operational excellence and product leadership.

 

Dave holds degrees in Business Administration from Kent State University and a
Juris Doctor from Case Western Reserve University.

 

In addition to being appointed as Non-Executive Chair of Volex, Dave will join
its Nominations Committee as an additional member.

 

Commenting on his appointment, Dave Webster said: "It is a pleasure to join
Volex at this stage in the Group's evolution, as it continues to implement its
strategy at pace.  The opportunity for further growth is enormous, and I look
forward to working with the Board to drive shareholder value over the coming
years."

 

Nat Rothschild, Chief Executive Officer of Volex, commented: "This evolution
in our leadership structure underlines our key priorities today - to extend
and deepen our customer relationships across our growing business and to focus
on the delivery of our strategy.  I'm very much looking forward to working
with Dave, and the existing Board, to pursue these opportunities as we drive
further growth across our markets."

 

Disclosures required by Schedule Two, paragraph (g) of the AIM Rules for
Companies:

 

David James Webster, aged 62, holds or has held the following appointments in
the last five years:

 

 Current appointments                         Appointments held within the last five years
 ASP CPM UK Holdco Limited                    None

 ASP UK Intermediate CFC1 Limited

 ASP UK Intermediate CFC2 Limited

 Case Western Reserve Law School

 CFC AcquisitionCo1 Limited

 CFC AcquisitionCo2 Limited

 College of Business, Kent State University

 CPM Holdings Inc

 CPM Packaging Ltd

 CPM Wolverine Proctor Limited

 CPM WPS Limited

 Energy Cerberus Holdings LP

 Planet Dryers Limited

 Planet Flowline Limited

 Planet Group (Peterborough) Limited

 Proline Engineering Limited

 Revere Plastics Systems LLC

 Robertshaw Controls Company

 The Legacy Companies

 UK CFC1 Limited

 UK CFC2 Limited

 UK CFC3 Limited

 UK CFC4 Limited

 Universal Fibers Inc

 Viasystems II Limited

 Viasystems Manchester Limited

 Viasystems Tyneside Limited

 Vivos Holdings Inc

 

In September 2001, administrative receivers were appointed in respect of
Viasystems II Limited, Viasystems Tyneside Limited and Viasystems Manchester
Limited (together with Viasystems Holdings Limited, the "Viasystems
Companies").  Viasystems Tyneside Limited was subsequently placed into
creditors' voluntary liquidation and Viasystems II Limited and Viasystems
Holdings Limited were placed into compulsory liquidation.  Dave Webster was a
director of the Viasystems Companies at the time of their liquidation, and
remains a director of Viasystems II Limited, Viasystems Tyneside Limited, and
Viasystems Manchester Limited following their restoration to the register in
the United Kingdom.

 

There is no other information that is required to be disclosed pursuant to
Schedule Two paragraph (g) or Rule 17 of the AIM Rules for Companies in
respect of Dave Webster.

 

For further information please contact:

 

 Volex plc                                                                +44 (0) 1256 442570
 Nat Rothschild, Chief Executive Officer                                  investor.relations@volex.com
 Jon Boaden, Chief Financial Officer
 Chris Bedford, Group General Counsel & Company Secretary

 Peel Hunt LLP - Nominated Adviser & Joint Broker                         +44 (0) 20 7418 8900
 Ed Allsopp
 Dom Convey
 Tom Graham

 Jefferies - Joint Broker                                                 +44 (0) 20 7029 8000
 Philip Noblet
 Sam Barnett
 Harry Le May

 Sodali & Co. - Media Enquiries
 James White                                                              +44 (0) 20 7250 1446
 Nicholas Johnson

 

 

About Volex plc

Volex plc (AIM:VLX) is a driving force in integrated manufacturing for
mission-critical applications and a global leader in power and data
connectivity solutions. Our diverse operations support international blue-chip
customers in five key end-markets: Electric Vehicles, Consumer Electricals,
Medical, Complex Industrial Technology and Off-Highway. Headquartered in the
UK, we orchestrate operations across 25 advanced manufacturing facilities,
uniting 13,000 dynamic individuals from 25 different nations. Our
extraordinary products find their way to market through our localised sales
teams and authorised distributor partners, supporting Original Equipment
Manufacturers and Electronic Manufacturing Services companies across the
globe. In a world that grows more digitally complex by the day, customers
trust us to deliver power and connectivity that drives everything from
household essentials to life-saving medical equipment. Learn more
at www.volex.com (http://www.volex.com/) .

 

 

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