Directorate change

Summary by AI BETAClose X

Victrex plc announced significant leadership changes, with Chief Financial Officer Ian Melling stepping down on July 31, 2026, and a search for his replacement underway. The company also welcomed Andrew Ng as Chief Commercial Officer in May 2026 and Daniel Diffenderfer as Managing Director, Medical earlier this month. Concurrently, Michael Koch, Jane Brisley, and Andrew Hanson will depart on July 31, 2026. On the Board, Peter Kiernan joined as a Non-Executive Director in March 2026 and became Chair of the Audit Committee in May 2026, while Maria Antoniou will join as a Non-Executive Director on September 1, 2026, and Chair of the Remuneration Committee on October 1, 2026. Janet Ashdown and Brendan Connolly will retire from the Board in February 2027. The company will host its Capital Markets Event on September 24, 2026.

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Victrex PLC
24 July 2026
 

 

 

24 July 2026

Victrex plc

Directorate and leadership changes

 

Victrex plc (LSE: VCT) today announces a series of changes to its Board and Executive Committee, as it continues to strengthen its leadership for the next phase of the Company's growth journey.

 

Chief Financial Officer

 

On 31 July 2026, Ian Melling will step down as Chief Financial Officer and as a member of the Board. An orderly transition is underway and the search for a Chief Financial Officer is in progress. An update on interim finance leadership will follow shortly.

 

Executive Committee

 

The Company continues to make new appointments to its Executive Committee:

·      Andrew Ng joined as Chief Commercial Officer in May 2026.

·      Daniel Diffenderfer joined earlier this month, as Managing Director, Medical.

Michael Koch, Managing Director, Sustainable Solutions, Jane Brisley, General Counsel, and Andrew Hanson, Director of Investor Relations, Corporate Communications and ESG, have each decided to leave the Company with effect from 31 July 2026.

 

James Routh, Chief Executive Officer, said: "I would like to thank Ian, Michael, Jane, and Andrew for their contribution to Victrex and for their support in helping me integrate successfully during my first 7 months as CEO. I wish them all the very best for the future. With a new leadership team now embedded, I look forward to setting out our strategy and priorities at the upcoming Capital Markets Event in September."

 

Board

 

  • Peter Kiernan joined the Board as a Non-Executive Director in March 2026 and succeeded David Thomas as Chair of the Audit Committee in May 2026.
  • Maria Antoniou joins the Board on 1 September 2026 as a Non-Executive Director and will succeed Janet Ashdown as Chair of the Remuneration Committee on 1 October 2026.
  • Janet Ashdown and Brendan Connolly will retire from the Board at the conclusion of the Company's AGM in February 2027, having each completed nine years' service.

 

Capital Markets Event

 

The Group issued its Q3 trading update on 7 July 2026 and will host its 2026 Capital Markets Event on 24 September 2026.

 



 

Enquiries:

Victrex plc:

Stephen Lamacraft, Investor Relations, stephen.lamacraft@victrex.com +44 (0) 7776 433916

Dr. James Routh, CEO, james.routh@victrex.com +44 (0) 1253 897700

 

Corporate brokers

Chris Baird, Chris.Baird@investec.com

Ben Lawrence, ben.lawrence@investec.com

Alia Malik, alia.malik@jpmorgan.com

Charlie Oakes, charles.x.oakes@jpmorgancazenove.com

 

 

About Victrex:

Victrex is an innovative world leader in high performance polymer solutions, focused on the strategic markets of Automotive, Aerospace, Energy & Industrial, Electronics and Medical. Every day, millions of people rely on products or applications which contain our sustainable materials, from smartphones, aeroplanes and cars to energy operations and medical devices. With over 40 years' experience, we are moving beyond the polymer into semi-finished and finished products which shape future performance for our customers and our markets, enable environmental and societal benefit for our customers and drive value for our shareholders. Find out more at www.victrexplc.com

 

 

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Victrex plc (VCT)
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