– UK – Volex plc (“Volex”), the global provider of customised electric power and data interconnect solutions, is pleased to announce the appointment of John Allkins as Non-executive Director and Chairman of the Audit Committee. The appointment will take effect immediately.
Mr Allkins, 64, replaces Richard Arkle, who in his ninth year as a Non-executive Director and in line with corporate governance guidelines is stepping down today.
Mr Allkins has wide ranging Non-executive Director and public company experience. He currently sits on the Boards and is Chairman of the Audit Committee of Punch Taverns plc, Renold plc and Fairpoint Group plc. Previously Mr Allkins was Group Finance Director of MyTravel plc, Chief Financial Officer of Equant NV and Finance Director, BT Overseas, BT International and BT Worldwide Networks.
Karen Slatford, Chairman of Volex, commented: “On behalf of the Board, I would like to thank Richard for his many years of service both as previous Chairman and more recently Chair of Audit Committee. He has been a valued colleague and we wish him the very best with his other interests.
I am delighted to welcome John to the Board. We have no doubt that his extensive experience with global businesses, strong financial pedigree and track record for generating value for shareholders will enable him to make a strong contribution as we take Volex through the next phase of its development.”
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