Business
APPOINTMENT OF CHAIRMAN-DESIGNATE
APPOINTMENT OF CHAIRMAN-DESIGNATE.
About this update from Chemring Group Plc
[{"type":"text","content":"\n \nRNS Number : 5691V Chemring Group PLC 19 April 2016 \n\n \n \n19 April 2016\n \nChemring Group PLC\n(\"Chemring\" or \"the Group\")\nAppointment of Non-Executive Director and Chairman-Designate\nChemring is pleased to announce the appointment of Carl-Peter Forster as an independent non-executive director and Chairman-designate. He joins the Board with effect from 1 May 2016 and will succeed Peter Hickson as Chairman of the Board following Peter's retirement on 1 July 2016.\nCarl-Peter Forster (61) is a highly accomplished senior executive, who has extensive experience within the industrial goods and engineering sectors, including senior leadership positions in some of the world's largest automotive manufacturers including BMW, GM and Tata Motors.\nCarl-Peter is currently a non-executive director of Rexam PLC, IMI plc and Cosworth Ltd. He is also Chairman of the London Taxi Company, a member of the Board of Volvo Cars Corporation, and a member of the Board of Geely Automobile Holdings. From 2003 to 2006 he was a non-executive director of Rolls-Royce plc. \nAfter graduating, Carl-Peter joined McKinsey, where he worked in the automotive and aerospace sector. He joined BMW in 1986 and held various leadership positions before being appointed as Managing Director of BMW South Africa in 1996. In 1999 he was promoted to the BMW Management Board and made responsible for worldwide manufacturing. In April 2001 he became Chairman and Managing Director of Adam Opel AG and Vice President of General Motors Europe, then President of General Motors Europe and Chairman of the Supervisory Board of Adam Opel AG in 2004. In 2006, following a successful turnaround of General Motors' European operations, he was appointed General Motors Group Vice President and a member of General Motors' Global Automotive Strategy Board. He then became Group Chief Executive of Tata Motors, responsible also for Jaguar Land Rover, serving in this role until September 2011.\nPeter Hickson, Chairman of Chemring, said: \"I am delighted that Carl-Peter has agreed to succeed me as Chairman. He is an extremely experienced individual with a strong business track record, and I am certain that he will do an excellent job leading the Board and supporting the Company.\" \n \nThere are no further disclosures required to be made in accordance with LR 9...