De La Rue welcomes Clive Whiley to its Board of Directors as Non-Executive Chairman

– UK, Basingstoke –  De La Rue plc (LON: DLAR) today announced the appointment of Clive Whiley to its Board of Directors as Non-Executive Chairman, effective immediately, replacing Interim Chairman Nick Bray who will step back as a Non-Executive Director.

“I am pleased to welcome Clive to the Board of De La Rue. He brings a wealth of experience in listed companies operating in many different countries and environments. He is a highly respected business leader with a proven track record and ideally suited to support the executive team in delivering future growth.” said Senior Independent Director, Margaret Rice-Jones.

About Clive Whiley

Clive Whiley has forty years of experience, both as an executive and non-executive director, across a wide range of industries and geographies in regulated and listed company governance positions. He is currently Chairman of Mothercare plc and Senior Independent Non-Executive Director of Griffin Mining Limited and Sportech plc. He was previously Chairman of Dignity plc and a non-executive director of Grand Harbour Marina plc, Camper & Nicholsons Marina Investments Limited, and Stanley Gibbons Group plc.

Clive Whiley was responsible for successfully guiding Mothercare’s emergence as an internationally-focused brand business.

Clive Whiley said, “I am delighted to be joining De La Rue, with its distinguished heritage, international outlook, and wealth of potential within the Group. I am keen to lend my proven experience and knowledge to assist management as it strives to optimize the underlying intrinsic value of the business.”

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 organizations 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 organizations. We also manufacture ID security components.

On 25 March 2023, De La Rue had over 1,800 employees who work with organisations in more than 140 countries, leveraging the group’s manufacturing facilities in the UK, US, Malta, Sri Lanka an,d Kenya.

Source: https://www.delarue.com/

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