Business
Retirement of NED and appoint
Retirement of NED and appoint.
About this update from Hardide Plc
[{"type":"text","content":"\n RNS Number : 3856X Hardide PLC 06 December 2010 \n\n \n \n\n\n\n\nPress Release \n\n\n06 December 2010\n\n\n\n\n \nHardide plc\n \n(\"Hardide\" or \"the Group\")\n \nRetirement of Non-Executive Director & Appointment of Non-Executive Director\n \nHardide plc (AIM: HDD), the provider of unique surface engineering technology, announces that Hugh Smith will retire from his position as a Non-Executive Director of Hardide plc with effect from the AGM on 7 February 2011. At the same time, Mr Smith will also resign as Chairman of the combined remuneration and nomination committee and member of the audit committee of the Group.\n \nHugh (64) is retiring to enjoy time with his family and on leisure pursuits. He remains a committed and enthusiastic supporter of Hardide and intends to retain his shareholding for the foreseeable future.\n \nBruce Robinson (50) will replace Hugh as a Non-Executive Director and serve on both the audit committee and the combined remuneration and nomination committee with effect from the AGM. Bruce brings extensive experience of growing technology-based businesses and of the international oil and gas industry. He spent his early career as an engineer with oil services firms GeoVANN Inc. and Halliburton before becoming a founder shareholder and General Manager of Phoenix Petroleum Services, an engineering product and service company that was sold to Schlumberger for $33 million. He spent five years as a Director and Consultant to Scottish Enterprise where he led oil and gas technology development and internationalisation programmes. Since then, he has started, run and assisted a wide range of innovative companies developing and exploiting technologies in various industry sectors.\n \nBruce holds a Bachelor of Technology (Hons) in Industrial Technology and Management from Bradford University, a post-graduate diploma in Offshore Engineering and an MBA from Aberdeen University.\n \nRobert Goddard, Non-Executive Chairman of Hardide plc said: \"We are all enormously grateful to Hugh for his unstinting and constructive work on behalf of the company, particularly on the two main board sub-committees. We shall miss Hugh's wise counsel but wish him and his family well and hope to see him at future AGMs.\n \n\"Bruce's k...