Chemring Group announces Stephen King to its Board as Non-Executive Director

– UK, Fareham – Chemring Group PLC (LON:CHG), today announces the appointment of Stephen King as a non-executive director. He will join the Board on 1 December 2018.

Carl-Peter Forster, Chairman of Chemring, commented: “I am delighted to welcome Stephen to Chemring. He brings significant experience within the industrial, engineering and manufacturing sectors, together with a strong corporate track record. I am confident that he will make a valuable contribution to the continued development and performance of the Group.”

About Stephen King

Stephen has a wealth of senior level experience within the industrial, engineering and manufacturing sectors, including a number of executive and non-executive roles. He is currently the Group Finance Director at Caledonia Investments plc, the FTSE 250 investment company that specialises in both global quoted and private equity investments.

He is also the Senior Independent Director and Chairman of the Audit Committee at TT Electronics plc. He has previously been a Non-Executive Director and Chairman of the Audit Committee at both Bristow Group Inc and The Wier Group plc.

Stephen was Finance Director at De La Rue plc from 2003 to 2009, and prior to that at Midlands Electricity plc. A Chartered Accountant, Stephen has also held senior financial positions at Lucas Industries plc and Seeboard plc, and was a Non-Executive Director of Camelot plc from 2008 to 2009.

About Chemring

Chemring is a global business that specialises in the manufacture of high technology products and the provision of services to the aerospace, defence and security markets
Employing approximately 2,600 people worldwide, and with production facilities in four countries, Chemring meets the needs of customers in more than fifty countries
Chemring is organised under three strategic product segments: Countermeasures, Sensors, and Energetics
Chemring has a diverse portfolio of products that deliver high reliability solutions to protect people, platforms, missions and information against constantly changing threats
Operating in niche markets and with strong investment in research and development (“R&D”), Chemring has the agility to rapidly react to urgent customer needs

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