Safestyle UK PLC CEO Appointment (7299J)
14 Diciembre 2022 - 8:00AM
UK Regulatory
TIDMSFE
RNS Number : 7299J
Safestyle UK PLC
14 December 2022
14 December 2022
The information contained within this announcement is deemed by
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Market Abuse Regulation (EU) No. 596/2014 as it forms part of UK
domestic law by virtue of the European Union (Withdrawal) Act 2018.
Upon the publication of this announcement via the Regulatory
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Safestyle UK plc
("Safestyle" "Company" or the "Group")
CEO Appointment
Safestyle UK plc (AIM: SFE), the leading UK focused retailer and
manufacturer of PVCu replacement windows and doors for the
homeowner market, announces that its Chief Executive Officer (CEO),
Mike Gallacher, has stepped down from the Board today and will
leave the business at the end of the year for personal reasons.
Rob Neale, who has been Safestyle's Chief Financial Officer
(CFO) for almost 5 years, has been appointed as CEO with immediate
effect. Rob has made an invaluable contribution to the Group since
his appointment and the Board has complete confidence in his
ability to lead Safestyle through the next phase of its corporate
growth, while providing him with their full support. The Company
has commenced the independent search process for a new CFO and the
Board will provide an update in due course. During his time as CFO,
Rob has built and managed a robust finance team at Safestyle and
will be ably supported during the transition process.
Alan Lovell, Non-Executive Chairman of Safestyle, commented:
"Since his appointment as CEO in Spring 2018, Mike has given
exceptional service to Safestyle through some extremely turbulent
and challenging times. I would like to thank Mike for his
commitment to our people and our business and we wish him and his
family well for the future.
As a result of our succession planning programme, I am delighted
to congratulate Rob as he embarks on his new role. The Board is
confident in Rob's leadership ability and is looking to the future
positively as the business continues to deliver against its
strategic objectives."
Enquiries:
Safestyle UK plc via FTI Consulting
Alan Lovell, Non-Executive Chairman
Rob Neale, Chief Executive Officer
Zeus (Nominated Adviser & Joint Broker) Tel: 0203 829 5000
Dan Bate / James Edis (Investment Banking)
Dominic King (Corporate Broking)
Liberum Capital Limited (Joint Broker) Tel: 0203 100 2100
Neil Patel / Jamie Richards
FTI Consulting (Financial PR) Tel: 0203 727 1000
Alex Beagley / Sam Macpherson / Amy Goldup
About Safestyle UK plc
The Group is the leading retailer and manufacturer of PVCu
replacement windows and doors to the UK homeowner market. For more
information please visit www.safestyleukplc.co.uk or
www.safestyle-windows.co.uk .
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END
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