21st Mar 2019 08:05
LONDON (Alliance News) - QinetiQ PLC said Thursday it appointed Synthomer PLC Chair Neil Johnson as non-executive at the defence firm from April ahead of replacing current Chair Mark Elliott in July.
Johnson - who has been chair of FTSE 250-listed chemicals firm Synthomer since 2012 - will join QinetiQ as a non-executive from April 5. He will then become chair of QinetiQ from the end of the annual general meeting on July 24, replacing current incumbent Mark Elliott who is retiring.
"I am delighted to be joining the board of QinetiQ and to be succeeding Mark in due course," Johnson said. "During his successful tenure, sound foundations have been laid for the future development of the business. I will be joining a Company whose performance is gathering momentum thanks to a clear strategy, strong leadership and a robust balance sheet. The future is exciting for QinetiQ and I am looking forward to working with the board of directors and the executive team.
Johnson's role at Synthomer follows a career in the British Army and subsequent move to business which saw him run the Land Rover unit when it was owned by British Aerospace - now BAE Systems PLC - and then heading car recovery firm RAC. He has also served as chair of defence firm e2v technologies PLC.
QinetiQ Senior Independent Director Michael Harper said: "We undertook a rigorous, independent search for candidates who could enhance the delivery of our vision for QinetiQ, and provide the right support and constructive challenge to our executive team. We are delighted that Neil Johnson will be joining us. He is a former CEO and seasoned plc chairman, and has experience in defence, with both Army service and later as an advisor to the UK Ministry of Defence."
"On behalf of the board I would like to thank Mark for the significant contribution he has made to QinetiQ over the past ten years during which time he has overseen the rebuilding of our balance sheet and implementation of a strategy to deliver long-term and sustainable growth," Harper added.
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