Re. Directorate Appointment

RNS Number : 0821U

Renold PLC

21 December 2012

 



Renold plc

("Renold" or "the Company")

Re: Directorate Appointment

Renold, a leading international supplier of industrial chains and related power transmission products, today announces an earlier start date for the new Chief Executive.

Further to the announcement on 20 November 2012 of the appointment of Robert Purcell to the position of Chief Executive with effect from 1 May 2013, the Company is pleased to announce that this start date has been brought forward to 21 January 2013.

Mark Harper, currently Executive Chairman, will relinquish his executive responsibilities from Robert's new start date and will continue in the role of Non-Executive Chairman.

Mark Harper, Chairman, commented:

"I am delighted that we have been able to secure an earlier start date for Robert as this will accelerate the operational improvement programme which is already underway".

21 December 2012

ENQUIRIES:

Renold plc	0161 498 4500
Mark Harper, Chairman
Brian Tenner, Finance Director
College Hill	020 7457 2020
Mark Garraway
Helen Tarbet

NOTES FOR EDITORS

Renold is a global leader in the manufacture of industrial chains and also manufactures a range of torque transmission products which are sold throughout the world to a broad range of original equipment manufacturers and distributors. The Company has a well deserved reputation for quality that is recognised worldwide. Its products are used in a wide variety of industries including manufacturing, transportation, energy, steel and mining.

Further information about Renold can be found on their website at: www.renold.com

 

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