15th Jul 2005 09:00
Rexam PLC15 July 2005 Graham Chipchase to assume responsibility for Rexam's Plastic Packagingoperations Rexam, the global consumer packaging group and the world's largest beverage canmaker, announces changes to its Board of Directors. Graham Chipchase, Group Finance Director, will take up the newly createdposition of Group Director Plastic Packaging. He will be responsible for Rexam'sglobal plastic packaging business which includes the beauty and pharmaceuticalpackaging operations and plastic containers for food and beverages. In 2004,these businesses had combined sales of more than £500m. This move follows the decision of Yves Dominioni, executive director responsiblefor the Beauty & Pharma packaging business, to retire from the Board. Althoughrelinquishing his Board and operational responsibilities, Yves will stay on withthe company in an advisory capacity until his retirement at the end of 2006. Graham has been a member of the Board since February 2003 and Group FinanceDirector since March 2003. His early career was spent in internationalmanufacturing with BOC and GKN. In his new role, he will continue to be based atRexam's London headquarters. The search for a new Group Finance Director is well underway and a furtherannouncement regarding this appointment is expected to be made shortly. In themeantime, Graham will have responsibility for both roles. Commenting on the Board changes, Rolf Borjesson, Rexam's Chairman, said: "Duringthe time that Graham has been Finance Director, he has demonstrated the qualityof leadership and a keen understanding of operations that make him eminentlysuited to this new role. On behalf of the Board, I would like to thank Yves forthe excellent job he has done in building up a vibrant and flourishing beautyand pharmaceutical packaging business within Rexam." 15 July 2005 Enquiries Lars Emilson, Chief Executive 020 7227 4100Andrew Mills, Group Communications Director Financial DynamicsRichard Mountain 020 7269 7291 Rexam is one of the world's top five consumer packaging groups and the world'sleading beverage can maker. Its global operations focus on beverage packagingin metal, glass and plastic, as well as plastic packaging solutions for thebeauty, pharmaceutical and food industries around the world. The Rexam Groupemploys some 22,000 people in around 22 countries worldwide and has an ongoingturnover of approximately £3.1 billion. Rexam is a member of the FTSE 100. Itsordinary shares are listed with the UK Listing Authority and trade on the marketfor listed securities on the London Stock Exchange under the symbol REX. Forfurther information, visit Rexam's web site at www.rexam.com This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
REX.L