Appointment of Non-Executive Chair and CEO

Volex

12/11/2025 07:00

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
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
None

 

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.

 

 

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