Directorate Change

RNS Number : 3280H

Dechra Pharmaceuticals PLC

17 August 2016

 

17 August 2016

Dechra^® Pharmaceuticals PLC

(Dechra, Company or the Group)

Board Changes

Appointment of Chief Financial Officer

Further to the announcement on 16 February 2016 in relation to the resignation of Anne-Francoise Nesmes, Dechra is pleased to announce the appointment of Richard Cotton as Chief Financial Officer ("CFO"). 

Richard will join the Company once he has served the notice period in his current role, which is expected to be by the beginning of January 2017.  In the interim, Septima Maguire, the Group Financial Controller, will be the Acting CFO.

Richard, a Chartered Management Accountant, is currently CFO of Consort Medical plc, where he has been based since 2012.  He has a wealth of experience in senior financial roles in life sciences and other sectors, having also been Finance Director of Vitec Group plc from 2008 to 2011, Group Finance Director at Wagon plc from 2005 to 2008 (Wagon plc entered into administration on 10 December 2008), and Group Finance Director of McLeod Russel plc from 2001 to 2005. Prior to this he held senior finance roles in Alcoa Inc. 

Richard was a director of a number of former dormant subsidiaries of McLeod Russel plc which were liquidated as part of a corporate reorganisation following its acquisition by SPX Corp. The companies were dissolved by creditors voluntary liquidation and are shown in the Appendix to this Announcement.

Commenting on the appointment Ian Page, Chief Executive Officer, said:

"We look forward to welcoming Richard to the Board. His current experience in the international pharmaceutical sector and his significant financial management expertise will be very valuable to our business as we continue to execute our growth strategy."

Richard Cotton said:

"The Dechra team have built a strong business with many development opportunities in a rapidly growing sector. I am very excited to be joining the team and contributing to the ongoing success of the business."

There are no other disclosures required in respect of this appointment pursuant to Listing Rule 9.6.13R.

Enquiries to:

Dechra Pharmaceuticals PLC

Ian Page, Chief Executive Officer

Office:  [phone]

e-mail: [e-mail]

TooleyStreet Communications Ltd

Fiona Tooley, Director Mobile: [phone] e-mail: [e-mail]

About Dechra

Dechra is an international specialist veterinary pharmaceuticals and relates products business.  Our expertise is in the development, manufacture and sales and marketing of high quality products exclusively for veterinarians worldwide. Dechra's business is unique as the majority of its products are used to treat medical conditions for which there is no other effective solution or have a clinical or dosing advantage over competitor products. 

For more information please visit: www.dechra.com

Stock Code: Full Listing (Pharmaceuticals): DPH

Trademarks

Dechra and the Dechra "D" logo are registered trademarks of Dechra Pharmaceuticals PLC. 

Appendix

Company Name	Date Dissolved
Air Filter Products Ltd	14 September 2005
Beck & Frost Ltd	14 September 2005
Buchanan's Warehouse Ltd	9 November 2005
CRC Air Filters Ltd	9 November2005
Granyte Paints Ltd	4 November 2005
Hedgeferry Ltd	9 November 2005
Ideas Telecom Ltd	9 November 2005
Hole Holdings Ltd	30 December 2007
Irwell Leasing Ltd	13 September 2005
Jeffes Engineering Ltd	13 September 2005
Joseph Mason Paints Ltd	9 November 2005
Joseph Mason Paints (Scotland) Ltd	10 September 2005
Kennedy Industrial Textiles (1990) Ltd	10 September 2005
Kennedy Smale PLC	8 November 2005
Perfection Products Ltd	8 November 2005
R&M Knotting Machinery Ltd	9 November 2005
Seasafe Ltd	13 September 2005
Seldon (Air Conditioning) Ltd	15 September 2005
Warren PS Ltd	14 November 2007
Wheway Becker Ltd	13 September 2005
Wheway Distribution Ltd	15 September 2005
Wheway Network Systems Ltd	14 September 2005
Wheway (Old Hill) Ltd	15 September 2005
Airflow Construction Ltd	30 December 2007
Blackwall Warehousing Ltd	9 January 2008
Coroless International Ltd	9 January 2008
Filter Supply and Manufacturing Company Ltd	9 January 2008
Granyte Surface Coating (Southern) Ltd	9 January 2008
H Sharp & Son Ltd	30 December 2007
Joseph Mason Ltd	9 January 2008
Joseph Shakespeare & Co Ltd	30 December 2007
NESW2 Ltd	30 December 2007
NESW3 Ltd	30 December 2007
NESW6 Ltd	30 December 2007
NESW1 Ltd	30 December 2007
NESW5 Ltd	30 December 2007
Heat, Insulation & Ventilation Co. Ltd	9 January 2008
Methworth Ltd	30 December 2007
WPH Papua New Guinea Plantations Ltd	9 January 2008
Premium Coatings Ltd	9 January 2008
Seldon Refrigeration Ltd	9 January 2008
Wheway Corporate Services Ltd	9 January 2008
Wheway Secretarial Services Ltd	9 January 2008
Wilson Filters Ltd	9 January 2008

 

END

 

 

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