Directorate Change

RNS Number : 9247M

Eurocell plc

26 January 2016

 

Eurocell plc

Directorate Change

Eurocell plc (LSE:ECEL), a market leading, vertically integrated UK manufacturer and distributor of innovative window, door and roofline PVC products, today announces that Patrick Bateman (63) has advised the board of his decision to retire from his role as Chief Executive and to step down from the board and leave the Company on 30 June 2016.  The Company is also pleased to announce the appointment of Mark Kelly (55), as its next Chief Executive. 

Mark is currently Chief Executive of Grafton Merchanting GB, a subsidiary of Grafton Group plc, a position he has held since 2012.  He joined Grafton from BDR Thermea where he was CEO in the UK.  Prior to this, Mark held a range of senior positions at IMI, Novar and Mars UK.  This included experience of the uPVC windows and doors industry when he worked at Caradon-owned Celuform and Duraflex. It is anticipated that Mark will join Eurocell, full time, on March 29^th this year and formally take up his new role as Chief Executive on 1^st July 2016, allowing a customary handover period with Patrick before his well-earned retirement.

Bob Lawson, Eurocell Chairman, commented:

"We are delighted that someone of Mark's calibre will be joining Eurocell.  He is an experienced Chief Executive with a deep and broad understanding of the construction products sector from a manufacturing and distribution perspective.  He has a proven ability to deliver revenue and profit growth, both organically and through acquisition, which will be invaluable as Eurocell continues its exciting development.

"Under Patrick's strong leadership, Eurocell has developed into one of the leading players in its market and he was instrumental in the company's successful IPO.  When he retires from the company, he will leave a strong management team and an excellent business with a clear strategy for delivering sustainable future growth."

No further information is required to be disclosed pursuant to LR 9.6.13R.

Enquiries

Teneo Strategy (Financial PR) Ben Foster

[phone]

 

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