Update on appointment of Chief Financial Officer

Chemring Group PLC

08 August 2023

 

FOR IMMEDIATE RELEASE                                                                                      8 AUGUST 2023

CHEMRING GROUP PLC ("Chemring" or "the Group")

DIRECTORATE CHANGE

UPDATE ON THE APPOINTMENT OF A NEW CHIEF FINANCIAL OFFICER

Further to the statement made on 24 May 2023 in which the Group announced the appointment of James Mortensen as Chief Financial Officer, Chemring is pleased to announce that James will join the Board of Chemring on 1 November 2023.

Following a hand over period and the publication of the Group's results for the year ended 31 October 2023, scheduled to be released on 12 December 2023, James will take up his role on 1 January 2024. At this point Andrew Lewis will step down from the Board. He will leave Chemring on 19 January 2024.

-ENDS-

For further information:

Rupert Pittman           Group Director of Corporate Affairs,                        01794 463401

Chemring Group PLC             

James McFarlane        MHP Communications                                                020 3128 8100

Ollie Hoare

Notes to editors

·   Chemring is a FTSE-250 global business that specialises in the manufacture of high technology products and the provision of services to the aerospace, defence and security markets

·   Employing approximately 2,600 people worldwide, and with production facilities in four countries, Chemring meets the needs of customers in more than fifty countries

·   Chemring is organised under two strategic product segments: Sensors & Information and Countermeasures & Energetics

·   Chemring has a diverse portfolio of products that deliver high reliability solutions to protect people, platforms, missions and information against constantly changing threats

·   Operating in niche markets and with strong investment in research and development ("R&D"), Chemring has the agility to rapidly react to urgent customer needs

www.chemring.com

 

END