REG - Filtronic PLC - Appointment of new CEO
RNS Number : 0567VFiltronic PLC04 August 20204 August 2020
Filtronic plc
Appointment of Chief Executive Officer ('CEO')
Filtronic plc (AIM: FTC), the designer and manufacturer of products for the critical communications, wireless telecoms and defence & aerospace markets, is pleased to announce the appointment of Richard Gibbs as CEO. Richard's formal start date with the Company will be 1 September 2020.
Richard is an experienced director who has led a number of business operations supplying semiconductor, RF and electronics subsystems to the telecoms, aerospace, defence, medical and oil & gas markets. Richard joins us from Micross Components Ltd, a PE owned company, where he has been Managing Director since 2016. Prior to his time at Micross, Richard spent nine years at E2V Technologies, where he was Group Sales & marketing Director and President of the RF Product and Hi-Reliability Semiconductors Divisions, and 20 years with Honeywell, of which 10 years were spent managing overseas operations.
Reg Gott, Chairman, commented:
"I am delighted to welcome Richard to the Company. He brings a wealth of relevant experience, technology and sector credentials to Filtronic and this combined with his strong track record of business growth & development position him well to provide the leadership required to deliver the next phase of our strategy."
Richard Gibbs said:
"Filtronic has an unrivalled reputation as a provider of state-of-the-art RF products and innovative telecom solutions and I am delighted to have the chance to join them for the next stage in their development. I very much look forward to building on the established technology platforms and deep engineering knowledge to expand the current customer base and reach new and adjacent markets."
Enquiries:
Filtronic plc
Tel. 0113 220 0000 or investor.relations@filtronic.com
Reg Gott (Executive Chairman)
Michael Tyerman (Chief Financial Officer)
finnCap Ltd
Tel. 020 7220 0500
Jonny Franklin-Adams / Hannah Boros / Kate Washington (Corporate Finance)
Alice Lane / Sunila de Silva (ECM)
Walbrook PR Limited
Tel. 020 7933 8780 or filtronic@walbrookpr.com
Paul Vann
Mob. 07768 807631
Notes:
This announcement contains inside information for the purposes of Article 7 of Regulation (EU) No 596/2014.
Additional Information
The following disclosers are made in accordance with the AIM Rules for Companies. Other than this information, there is no further information required to be disclosed under paragraph (g) of Schedule Two of the AIM Rules for Companies:
Full Name
Richard William Gibbs
Age
61
Current beneficial shareholding in the Group
None
Current Directorships
Former Directorships (previous five years)
G2 Technologies LTD
Micross Components Limited
Micross Components Holdings LTD
Micross UK Solutions Limited
Eltek Semi-Conductors Limited
Tru-Form Limited
Die Technology Limited
Mintech Semiconductors Limited
TS2 Micro Limited
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