Business
Appointment of Non-Executive Director
Appointment of Non-Executive Director.
About this update from Avon Technologies Plc
[{"type":"text","content":"\n\n \n14 March 2024\n \nAvon Protection plc\nBoard Update\nAppointment of Non-Executive Director\n \nAvon Protection plc is pleased to announce the appointment of Maggie Brereton as an independent Non-Executive Director with effect from 1 April 2024.\n \nMaggie is Co-founder and CEO of EOS, a specialist provider of deal advisory services. Prior to founding EOS, she was Head of UK Transaction Services at KPMG where she also served as a Board member, chairing the Audit Committee and sitting on the Risk and Remuneration Committees.\n \nMaggie brings over 20 years' experience of working on complex transactions and business transformation programmes for both private equity and corporate clients. She also brings significant experience in the industrial sector including aerospace and defence.\n \nMaggie will also become a member of the Audit, Remuneration and Nomination Committees from 1 April 2024.\n \nThere is no other information required to be disclosed pursuant to Listing Rule 9.6.13 in respect of Maggie Brereton.\n \nNon-Executive Director Changes\n \nAs indicated in the annual report released on 21 November 2023, after 8 years as a Non-Executive Director, Chloe Ponsonby planned to step down from the Board during 2024 due to an increase in her executive responsibilities.\n \nChloe Ponsonby will now stand down from the Board on 31 March 2024. Victor Chavez will replace Chloe as Chair of the Remuneration Committee and Bindi Foyle will replace Chloe as Senior Independent Director alongside her role as Audit Committee Chair.\n \nBruce Thompson, Chair, commented:\n \n\"We are delighted to welcome Maggie to the Board. She brings extensive and valuable experience in identifying value creation opportunities, with a deep focus on the numbers and a real specialisation on analysis and the development of change programmes.\n \nThis appointment significantly strengthens the Board's experience of implementing and valuing operational and strategic change at a time when these are important elements of the new strategy being taken forward by the leadership team.\n \nI wish to extend my sincere thanks to Chloe Ponsonby for her contribution to the Board since her appointment back in March 2016 and for her successful stewardship of remuneration matters. On behalf of the Board, I ...