22 June 2020
Polypipe Group plc
Non-Executive Director changes
Polypipe Group plc, a leading provider of sustainable water and climate management solutions for the built environment, is pleased to announce the appointment of Kevin Boyd as a Non-Executive Director with effect from 22 September 2020. Kevin will Chair the Audit Committee and be a member of the Nomination and Remuneration Committees.
Kevin is a senior finance executive with an engineering and manufacturing sector background, with extensive listed plc experience, bringing a strong combination of financial, strategic and multi-organisational expertise. He is currently the Chief Financial Officer of global engineering group Spirax-Sarco Engineering plc and has indicated his intention to retire from this role before the end of 2020. Kevin was previously Group Finance Director for Oxford Instruments plc, and prior to that, Group Finance Director of Radstone Technology plc. He also previously held senior finance positions within Siroyan Ltd and the TI Group (now Smiths Group plc). Kevin is a Chartered Engineer, a Chartered Accountant and a Fellow of the Institute of Chartered Accountants and the Institution of Engineering and Technology.
Paul Dean will step down as a Non-Executive Director on 6 August 2020, having served as a Non-Executive Director since the Company’s IPO in 2014. The Board would like to thank Mr Dean for his valuable contribution over the last six years and wishes him well in his future endeavours.
As a result of Mr Dean’s impending retirement from the Board, Mark Hammond has been appointed as the Senior Independent Director with immediate effect. Louise Brooke-Smith will assume the role of the designated employee engagement NED in Mr Hammond’s place, also with immediate effect.
Information required under LR9.6.13R
Mr Boyd is currently an executive director of Spirax-Sarco Engineering plc, a company listed on the London Stock Exchange, and a Non-Executive Director and Audit Committee Chair of EMIS Group plc, an AIM listed company. Mr Boyd was also an executive director of Oxford Instruments plc, a company listed on the London Stock Exchange, from August 2006 to April 2016. There are no other publicly listed companies in which Mr Boyd has held directorships in the last five years. There is no other information concerning Mr Boyd which requires notification under LR9.6.13R of the Listing Rules of the UK Listing Authority.
Emma Versluys, Company Secretary +44 (0) 1709 770 000
Notes to Editors:
Polypipe Group plc (“Polypipe”, the “Company” or the “Group”), a leading provider of sustainable water and climate management solutions for the built environment is the largest manufacturer in the UK, and among the ten largest manufacturers in Europe, of plastic piping systems for the residential, commercial, civils and infrastructure sectors by revenue. It is also a leading designer and manufacturer of energy efficient ventilation systems in the UK.
The Group operates from 19 facilities in total, and with over 20,000 product lines, manufactures the UK’s widest range of plastic piping systems for heating, plumbing, drainage and ventilation. The Group primarily targets the UK and European building and construction markets with a presence in Italy, the Netherlands, Ireland and the Middle East and sales to specific niches in the rest of the world.