Business
Board Appointment
Board Appointment.
About this update from Volution Group Plc
[{"type":"text","content":"\n\n \n\n \n \n19 June 2023\n \nVolution Group plc\n \nAppointment of Jonathan Davis as an Independent Non-Executive Director\nand Chairman of the Audit Committee\n \nVolution Group plc (LSE: FAN), a leading international designer and manufacturer of energy efficient indoor air quality solutions, announces that Jonathan Davis has been appointed as an independent Non-Executive Director of the Company with effect from 23 June 2023.\n \nJonathan will also become Chairman of the Audit Committee, and will join the Remuneration and Nomination Committees, on appointment. \n \nJonathan Davis is currently Group Finance Director at Rotork plc (LSE: ROR), a FTSE 250 global provider of mission-critical intelligent flow control solutions operating across a diverse range of markets, including the oil & gas, water, power, chemicals, and process industries.\nThe appointment of Jonathan will coincide with a number of previously announced changes to the Board. \nNigel Lingwood, the current Audit Committee Chairman and Chair Designate, will step into the role of Chairman of the Board on 23 June 2023, following the planned retirement of Paul Hollingworth.\nNigel will also be appointed as Chairman of the Nomination Committee on that date. He will remain as a member of the Remuneration Committee but will stand down as a member of the Audit Committee.\nAmanda Mellor, Senior Independent Director, will step down as planned from her role as interim Chair of the Nomination Committee with effect from 23 June 2023, but will remain as a member of the Committee.\nPaul Hollingworth will retire from the Board as previously notified, also with effect from 23 June 2023.\nNigel Lingwood, Chair Designate of Volution, commented:\n \n\"I am delighted to welcome Jonathan as an Independent Non-Executive Director and Audit Committee Chairman. With his strong financial and accounting expertise and extensive public company, M&A, and international experience, I am confident that Jonathan will make a strong contribution to the Board.\"\n \nRonnie George, Chief Executive Officer of Volution, commented:\n\"We look forward to working with Jonathan and benefiting from his significant expertise, especially in the area of accounting and finance. We believe he will bring valuable insights and experienc...