23rd Apr 2007 12:00
Devro PLC23 April 2007 23 April 2007 DEVRO PLC DEVRO NAMES PETER PAGE AS NEW CEO Devro plc, the world's leading manufacturer of collagen products for the foodindustry, today announces the appointment of Peter Page as Chief Executive. Hewill join the Board of Devro and assume the role of Chief Executive on 1 June,2007. Dr Graeme Alexander will step down from his role as Chief Executive onthis date, but in order to support an orderly transition, will continue in anadvisory capacity on the Board at Devro until 31 August 2007. Peter Page, 43, is currently Group Vice President, Europe of Aviagen Group, themarket leading poultry breeding company. At Aviagen he has played a pivotal rolein significantly developing the pan-European business, through acquisition,integration and organic growth. Prior to joining Aviagen in 2003, he wasExecutive Director of Adnams plc, the regional brewer, for four years. AtAdnams, he was credited with the successful turnaround of the Retail and Hotelbusiness, as well as for his part in the overall strategic direction of thecompany. Peter Page has a BSc degree from London University and an MBA from The OpenUniversity Business School. He is married, with four children. Commenting on this announcement, Pat Barrett, Chairman of Devro plc, said: "I am delighted to announce the appointment of Peter Page as Graeme Alexander'ssuccessor. After a rigorous selection process the Board was impressed with hisleadership skills and his extensive international experience in the foodindustry focussing on business-to-business marketing, which will enable Peter tomake a significant contribution to Devro from the outset." Peter Page said, "I am very pleased to be joining Devro and I look forward to an exciting futurehere. I am most impressed by everything that has been built up so successfullyby Graeme Alexander and his colleagues over the past two decades. Whilst we willface significant challenges in very demanding markets, I am confident thatDevro's innovative casings, supported by excellent staff throughout the company,will continue to gain new business and outpace competitors. I will share myexperience of international markets and business development to encourage analready strong management team." There are no details that are required to be disclosed under paragraph 9.6.13(2)-(6) of the Listing Rules of the UK Listing Authority. For further information / (to request photographs), please contact: Jon Coles / Mark Antelme Brunswick 020 7404 5959 Notes to editors: On 7 November, 2006, Devro announced that Dr Graeme Alexander had advised theBoard that he wished to retire from the role of Chief Executive and from theBoard of Directors of Devro plc during the coming year. Following thatannouncement the Board began the process of searching for a successor to DrAlexander. Devro (www.devro.plc.uk) is the world's leading manufacturer of collagenproducts for the food industry. In addition, the company manufactures a range ofplastic casings, supplies customers in the food industry with a range ofdistributed products and also supplies pure collagen raw materials for use inthe healthcare industry. With manufacturing facilities in three continents and2005 revenue in excess of £150m, Devro products are sold worldwide. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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