18th Jul 2024 07:01
18 July 2024
Sondrel (Holdings) plc
("Sondrel", the "Company" and together with its subsidiaries the "Group")
Chief Financial Officer Succession
Sondrel (AIM: SND), a leading provider of ultra-complex chips for leading global technology brands, announces the intended appointment of Siobhan Martin as Chief Financial Officer Designate.
Siobhan has held senior finance roles in various international businesses including RPS Group Plc and Inchcape Plc and is currently COO of Hawarden and Glen Dye Estates, a UK based leisure business. She will join Sondrel on 30 September 2024 and is expected to be appointed to the Board shortly thereafter.
The Group's current Interim CFO, Nick Stone, will leave Sondrel later this month, following the release of the Group's accounts earlier today.
Additionally, following the announcement on 22 May 2024, John Chubb has now been appointed as Chief Executive Officer.
David Mitchard, Chairman of Sondrel plc, said:
"On behalf of the Board, I'd like to thank Nick for his contribution to Sondrel since he assumed the position of Interim CFO in September 2023. Siobhan has worked with our incoming CEO, John Chubb, in the past and brings a wealth of operational and finance experience. I look forward to welcoming her to Sondrel when she joins shortly."
For further information:
Sondrel (Holdings) plc | Via Buchanan |
John Chubb, CEO | Tel: +44 (0) 20 7466 5000 |
Nick Stone, Interim CFO | |
Cavendish Capital Markets Limited | Tel: +44 (0) 20 7220 0500 |
Ben Jeynes / Katy Birkin / George Lawson - Corporate Finance | |
Michael Johnson / Charlie Combe - Sales and ECM | |
Burson Buchanan | Tel: +44 (0) 20 7466 5000 |
Chris Lane Stephanie Whitmore |
|
Jack Devoy | |
Abby Gilchrist |
Disclosures relating to Rule 17 or paragraph (g) of Schedule 2 of the AIM Rules for Companies
The directorships and partnerships currently held by John James Chubb, aged 59, and over the five years preceding the date of his appointment, are as follows:
Current directorships / partnerships | Previous directorships / partnerships |
DFLADVISORY LTD | RPS Heritage Holdings Limited |
RPS Heritage Limited | |
RPS Ireland Limited | |
RPS Consulting Services Limited | |
RPS Group Limited | |
RPS Consulting Engineers Limited | |
RPS Environmental Consultancy Limited
|
About Sondrel
Sondrel is a UK-based fabless semiconductor company specialising in high end, complex digital Application Specific Integrated Circuits (ASICs) and System on Chips (SOCs). It provides a full turnkey service in the design, prototyping, testing, packaging and production of ASICs and SoCs.
The Company is one of only a few companies capable of designing and supplying the higher-spec chips built on the most advanced semiconductor technologies, selling into a range of hyper growth end markets such as high-performance computing, automotive, artificial intelligence, VR/AR, video analytics, image processing, mobile networking and data centres. Sondrel designs have enabled products by leading technology brands including Apple (iPhone), Sony (PlayStation), Meta's (Oculus), Samsung, Google and Sony smartphones, JVC (prosumer camcorders), Tesla and Mercedes-Benz cars.
Sondrel is well-established, with a 20-year track record of successful delivery, supported by long standing ecosystem partnerships including Arm, TSMC and Samsung. Headquartered in the UK, Sondrel has a global presence with offices in UK, USA, China, India and Morocco.
For more information please visit: ir.sondrel.com.
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