Business
Directorate Change
Directorate Change.
About this update from Avon Technologies Plc
[{"type":"text","content":"\n \nRNS Number : 6257E Avon Rubber PLC 10 May 2017 \n\nStrictly embargoed until 07:00 on Wednesday 10 May 2017\n \nAVON RUBBER p.l.c. (\"Avon\", the \"Group\" or the \"Company\")\n \n \nGroup Finance Director appointment\n \nThe Board is pleased to announce that Nick Keveth has been appointed as Group Finance Director with effect from 1 June 2017. \nNick will take over from Paul Rayner, who has been the Interim Group Finance Director since 1 December 2016. \nPrior to this appointment Nick Keveth was Director of Finance, Planning & Reporting at Imperial Brands, the FTSE 20 tobacco group. Nick was with Imperial for 12 years and held a variety of roles during this period including Finance Director Sales & Marketing, Director of Accounting, Forecasting & Tax and Interim Investor Relations Director. He brings to Avon substantial listed company and acquisition experience.\nPrior to joining Imperial Brands, Nick worked for PricewaterhouseCoopers for 14 years in both audit and advisory roles.\n \nNick is a Fellow of the Institute of Chartered Accountants and holds a degree in Mathematics from the University of Cambridge.\n \nPaul Rayner will step down from the Board on 1 June 2017 and will remain at Avon for a two-month handover period. The Board thanks Paul for his commitment and invaluable contribution during this interim period and wishes him well for the future.\nCommenting on the appointment, Paul McDonald, Group Chief Executive, said \"I am delighted to welcome Nick to Avon. He brings significant skills and experience to the Group which will help us build a better, stronger business in line with our long term growth strategy.\"\n \nNick Keveth has a shareholding of 250 Avon shares. Nick also served on behalf of Imperial as a Non-Executive Director of the Spanish listed group Compania de Distribucion Integral Logista Holdings, S.A., a leading distributor of products and services to convenience retailers in Southern Europe, from May 2014 until 31 March 2017. No further information is required to be disclosed pursuant to Listing Rule 9.6.13 in respect of Nick Keveth's appointment as a director of Avon.\nAs previously announced, interim results for the six months ended 31 March 2017 will be announced on 16 May 2017.\n \nFor further enquiries, ple...