Chamberlin PLC Directorate Change (8970X)
07 Mayo 2021 - 01:00AM
UK Regulatory
TIDMCMH
RNS Number : 8970X
Chamberlin PLC
07 May 2021
7 May 2021
Chamberlin plc
("Chamberlin", the "Company" or the "Group")
Directorate Change
Chamberlin plc (AIM: CMH.L), the specialist castings and
engineering group, in line with its previous announcements, is
continuing to reduce costs and streamline the organisation in line
with revised levels of revenue. The Board anticipates that the new
management structure will be in place by 1 June 2021.
As part of this restructuring, the Company is now pleased to
announce that Mr Alan Tomlinson is joining the Board as Group
Finance Director. Alan Tomlinson is a Chartered Accountant and has
been employed by Chamberlin in a senior finance role since 2019 and
has previously held a number of senior finance and accounting roles
within a large construction company. He is currently the Group's
Finance Controller with additional responsibilities for Petrel, the
Group's specialist lighting company.
Mr Neil Davies is to step down from his role as Group Finance
Director at the end of May 2021 however will remain employed
throughout his notice period and therefore be available to the
Company in order to ensure a smooth transition in relation to
assisting the new team.
Neil has worked diligently over the last 30 months in his role
as Group Finance Director and has made a significant contribution
to both financial and non-financial issues during what could be
described as a very difficult period.
Keith Butler Wheelhouse, Chairman of Chamberlin Plc, commented,
"On behalf of Chamberlin, I would personally like to take this
opportunity to thank Neil for his significant contribution to the
Company."
Subject to satisfactory due diligence, it is expected that Alan
will be appointed as Finance Director and will join the Board with
effect from 1 June 2021
Enquiries:
Chamberlin plc T: 01922 707100
Keith Butler-Wheelhouse, Chairman
Kevin Nolan, Chief Executive
Cenkos Securities plc T: 020 7397 8900
(Nominated Adviser and Joint Broker)
Russell Cook
Katy Birkin
Peterhouse Capital Limited T: 020 7469 0930
(Joint Broker)
Heena Karani
Duncan Vasey
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END
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