De La Rue announces announces Mark Hoad to its Board as upcoming Non-Executive Director

– UK, Basingstoke –  De La Rue plc (LON: DLAR) today announced the upcoming appointment of Mark Hoad to its Board as a non-executive director, to be confirmed by the board meeting on 29 September 2022.

Kevin Loosemore, Chairman of De La Rue commented: “Mark Hoad brings a very broad range of financial experience, particularly in the public company arena, which will allow him to make a profound contribution to the continued development of De La Rue. I look forward to welcoming him to the board.”

MArk Hoad will also join the Audit, Ethics, Nomination and Remuneration Committees.

About Mark Hoad

A chartered accountant, Mark Hoad has acquired a deep understanding of finance and operational activities during a career spent in senior finance/management roles with FTSE listed companies. He has been a director of TT Electronics plc and CFO since January 2015 and previously held equivalent roles with BBA Aviation plc. His other experience includes several years working in a variety of management roles in Continental Europe and Australia, as well as a strong focus on driving business transformation in the US. Mark has spent the last 25 years working in global industrial businesses and has extensive experience of driving business and functional re-structuring and transformation, M&A, and equity and debt capital markets.

About De La Rue

De La Rue plc’s purpose is to secure trust between people, businesses and governments. As a trusted partner of governments, central banks and commercial organisations seeking to secure their global supply chains and cash cycles, De La Rue provides highly secure physical and digital solutions that underpin the integrity of economies and trade.

De La Rue’s Currency division provides market-leading end-to-end currency solutions, from finished banknotes to secure polymer substrate and banknote security features to over half the central banks and issuing authorities around the world.

Our Authentication division protects revenues and reputations through the provision of physical and digital solutions to governments and commercial organisations. We also manufacture financial documents and ID security components.

De La Rue’s 2,300 employees work with organisations in more than 140 countries, leveraging the group’s manufacturing facilities in the UK, US, Malta, Sri Lanka and Kenya.

For more information : https://www.delarue.com/

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