19th Nov 2007 07:01
Cobham PLC19 November 2007 #22519 November 2007 Cobham plc DEPUTY CHAIRMAN APPOINTED Cobham plc ("Cobham" or "the Group") announces the appointment of David Turneras an independent Non-executive Director with effect from 1st December 2007. Hewill also assume the position of Deputy Chairman and will be a member of theaudit, nomination and remuneration committees. It is planned that he will takeover as Chairman of Cobham in succession to Gordon Page at the conclusion of theAnnual General Meeting to be held on 7 May 2008. Gordon Page will remain as aNon-executive Director of Cobham until he retires from the Board in November2008. Mr Turner was with Brambles Industries Limited for six years, four of these asChief Executive, until his retirement in June 2007. He remained a Non-executiveDirector until November 16th 2007. Prior to this he was Group Finance Directorat GKN plc from 1994 to 2000, where he was instrumental in the acquisition of anumber of aerospace companies, including the Westland Group, to create GKNAerospace Services. He is a Director of the Commonwealth Bank of Australia andwas a Non-executive Director of Whitbread plc until March 2006. Gordon Page, CBE, Chairman said:"I have enjoyed the last 17 years with Cobham and I am extremely proud of thegrowth we have achieved. David Turner has been a key player in defining andexecuting the strategies of Brambles Industries and GKN around the world andthrough this has considerable experience in working with internationalcustomers. I am certain that Cobham will benefit from his counsel." David Turner commented:"I am delighted to be joining Cobham at such an interesting stage in itsdevelopment and look forward to working with the senior team to take advantageof the many opportunities the Group has for further growth." ENQUIRIESCobham plc Telephone: +44 (0)1202 882 020Gordon Page, ChairmanAllan Cook, Chief ExecutiveJulian Wais, Director of Investor RelationsJulian Hellebrand, Group Director of Communications +44 (0)1202 857 651 Weber Shandwick Financial +44 (0)207 067 0700Susan Ellis, Louise Robson David Turner Mr Turner, aged 62, was Chief Executive of Brambles Industries Ltd (Brambles)from 2003 until his retirement in June 2007. During that time he led a globaltransformation of the business which involved operational performanceimprovement and resulted in a significant increase in market capitalisation. Hewas previously Finance Director of Brambles having been appointed to thatposition in 2001. Cobham plc is an international company engaged in the development, delivery andsupport of advanced aerospace and defence systems for land, sea and airplatforms. The company has five technology divisions and one in the servicesector that collectively specialise in the provision of components, subsystemsand services that keep people safe, improve communications and enhance theperformance of aerospace and defence platforms. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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