– UK, Cambridge – Elektron Technology plc (LON:EKT), the global technology group, announces today that Peter Welch, Non-Executive Director is stepping down from the Board on 31 January 2019 after service of more than 3 years.
The Board announced that Richard (‘Ric’) John Piper has agreed to re-join the Board as a Non-Executive Director, with immediate effect. Ric is also appointed Senior Independent Director and a member of the Audit and Remuneration Committees.
Commenting on the Board changes, Keith Daley, Chairman said: “Peter has provided wise counsel during a period of considerable change. On behalf of the Board I would like to thank him for his valuable contribution and wish him the best for his future career. We are delighted to welcome Ric back to the Elektron Board. His experience further strengthens the Board and will be of considerable value to the Company as it continues to transform its businesses.”
About Ric Piper
Mr Piper, qualified as a Chartered Accountant in 1977. He was appointed Finance Director of Logica (UK) in 1990 and was Group Finance Director of WS Atkins from 1993 to 2002. Since 2003 he has been Chairman or Non-Executive Director of several AIM and privately owned businesses and was Elektron’s Senior Independent Director from 2012 to 2015.
Currently Ric is a Non-Executive Director with GRC International Group plc, an AIM listed supplier of IT governance, risk management and compliance products and services. He has been a partner with Restoration Partners Limited, which advises technology businesses, since 2006 and a member of the Financial Reporting Review Panel since 2009.
About Elektron Technology
Elektron conceives, designs and markets innovative products and services for business that connect, monitor and control. We have a multi skilled team of engineers, software and product line specialists based in Cambridge focused on the opportunities created by global growth in the following areas:
- Demand for ubiquitous power and data: Bulgin
- Real-time operations management using Internet of Things (IoT) technology: Checkit
- Screening for the effects of ageing on sight: Elektron Eye Technology
For more information : https://www.elektron-technology.com
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