– UK, Borehamwood – Symphony Environmental Technologies Plc (AIM: SYM), a global specialist in products and technologies that “make plastic smarter”, is pleased to announce that Robert (“Bob”) Wigley will join Symphony as a Non-Executive Director with immediate effect, having acted as an adviser to the Company over the last few years.
Bob is an experienced City professional having enjoyed a successful career in banking, latterly as Chairman of Merrill Lynch for Europe, the Middle East & Africa, and now works with several growth companies. Bob is also Chairman of UK Finance, which represents nearly 300 of the leading firms providing finance, banking, markets and payments-related services in or from the UK.
Mr Wigley was chairman of Yellow Pages Limited and of Hibu Plc when those companies entered into administration on 28 February 2014 and 27 November 2013 respectively as part of the consensual restructuring of that group of companies.
Mr Wigley was a director of Justinvesting Limited when the company entered into a credit voluntary liquidation on 11 November 2016 and will remain a director until the company is formally dissolved, expected 28 April 2018.
Nirj Deva MEP, DL, FRSA, Chairman of Symphony, said: “I am delighted to welcome Bob to the Board of Symphony. He brings a wealth of experience from a distinguished career in investment banking, and from our previous working experience with Bob, are unequivocal in our belief that he will be a valuable source of guidance and that his skills and experience will complement the Board. This is a further step in the transformation of the Company from its development stage to achieving its full potential, and I think the strengthening of the board with a director of the calibre of Bob Wigley is a major endorsement for the company and its products.”
Michael Laurier, Chief Executive of Symphony, said: “I echo the comments of Nirj and am delighted that Bob has accepted to join the Board of Symphony. I was in New York with Bob earlier this week, whilst he was speaking at UN Headquarters to the Partnership Forum of the Economic and Social Council (ECOSOC) where he outlined the advantages of d2w oxo-biodegradable technology.”
About Symphony Environmental Technologies plc
Symphony has developed and continues to develop, controlled-life plastic technology which helps tackle the problem of microplastics by turning ordinary plastic at the end of its service-life into biodegradable materials. It is then no longer a plastic and can be bioassimilated in the open environment in the same way as a leaf. The technology is branded d2w and appears as a droplet logo on many thousands of tonnes of plastic packaging and other plastic products around the world. In some countries oxo-biodegradable plastic is mandatory.
For more information : http://www.symphonyenvironmental.com
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