Devro announces Steve Good to its Board of Directors as upcoming as Non-Executive Chairman

– UK, Chryston –  Devro PLC (LON: DVO), one of the world’s leading manufacturers of collagen products for the food industry, today announced the appointment of Steve Good as Non-Executive Chairman with effect from 1 June 2019. Steve will also chair the Nomination Committee, and become a member of the Executive Directors’ Remuneration Committee from that date.

On Steve’s appointment as Non-Executive Chairman taking effect on 1 June 2019, Non-Executive Director, Paul Withers will cease to be interim Chairman of the Company, a position he has fulfilled since the conclusion of our AGM on 25 April 2019. Paul will continue to be our Senior Independent Director and Chair of our Executive Directors’ Remuneration Committee after 1 June.

Rutger Helbing, CEO, said: “I am delighted that Steve is joining the Board and I welcome the considerable experience of international and industrial businesses that he will bring with him from both his executive and non-executive career. I remain grateful to Paul Withers for continuing to act as interim Chairman until Steve takes up his appointment.”

About Steve Good

Steve has been Chairman of Zotefoams plc since 2016, having been first appointed as a Non-Executive Director in 2014. He is also a Non-Executive Director of Dialight plc, and Elementis plc, where he also chairs the Remuneration Committee. Until 2017 Steve was a Non-Executive director of Cape plc and Chairman of its Remuneration Committee. He plans to take steps to reduce his Board commitments in the course of the next twelve months.

During his earlier executive career, Steve held various leadership positions in international industrial businesses. These included Group Chief Executive at Low & Bonar plc, a polymer engineering group, between 2009 and 2014, and various positions over a ten-year timespan managing international specialty chemicals businesses at BTP plc (now part of Clariant).

Commenting on his appointment, Steve Good, said: “With my new Board colleagues and the executive team, I am looking forward to embarking on the next phase of Devro’s development, building on the organisational transformation that the business has undergone in recent years.”

Steve is a chartered accountant.

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

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