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Sepura appoints new CFO

17th Aug 2010 07:00

RNS Number : 1648R
Sepura PLC
17 August 2010
 



 

 

 

 

SEPURA PLC

 

APPOINTMENT OF CHIEF FINANCIAL OFFICER

 

Sepura plc ("Sepura" or "the Company"), a global leader in the design, manufacture and supply of digital radios, is pleased to announce the appointment of Paul Goodridge as its new Chief Financial Officer ("CFO").

 

Paul was previously Director of Finance at CSR plc, the leading Bluetooth radio company and a member of the FTSE 250. Paul was with CSR for eight years from 2000 and was part of the management team that turned a small company into a business with revenues of $850m and an EBIT margin of 20%, as well as steering it through a highly successful IPO in 2004.

 

Paul has also had experience in a number of privately held businesses, most recently with Light Blue Optics, a display technology company in Cambridge, and previously with Moneybookers Group, the fast-growing online payments company. Earlier in his career, Paul was Head of UK Finance for PA Consulting, and held senior finance positions at Charrington Fuels and Black & Decker.

 

Gordon Watling, Chief Executive of Sepura, said:

 

"I am extremely pleased to welcome Paul as the company's new Chief Financial Officer. Paul is a highly experienced CFO with an excellent understanding of the technology sector.

 

"Following the recent appointment of John Hughes as Chairman, this latest hire underlines the ability of Sepura to attract high calibre management talent. The strengthened team is looking forward to extending Sepura's business beyond TETRA and beginning the development of Digital Mobile Radio handsets - a move that will double our addressable market."

 

Paul was appointed following a thorough search and benchmarking exercise conducted by the Nomination Committee with the assistance of external advisers. He will join the Company on 4 October 2010.

 

There are no matters to disclose in accordance with paragraph 9.56.13R of the FSA Listing Rules.

 

 

For further information please contact:

Sepura Tel: 01223 876000

Gordon Watling, CEO

 

Powerscourt (Media Enquiries) Tel: 020 7250 1446

Paul Durman

Rob Greening

 

 

Notes to Editors:

About Sepura

Sepura is a global leader in the design, manufacture and supply of TETRA (TErrestrial Trunked RAdio) digital radios, which are used predominantly by the emergency services around the world and in the transport, utilities and commercial sectors.

Our products deliver mission critical communications.

Sepura offers one of the broadest ranges of TETRA products available, is often first to market with innovative products and features, and is a market leader in the supply of surveillance and other specialist TETRA radios and accessories. Founded in the UK in 2002, Sepura has expanded rapidly across the world with a network of regional partners that sell and provide local support for our market-leading products and is market leader in over 30 countries.

TETRA technology has now become the dominant digital Private Mobile Radio standard in the world. Our vision is to become the number one global supplier of TETRA radios and we are firmly on course to achieve this goal.

Based in Cambridge, England, and employing some 300 people across the business, the Company was admitted to the Official List of the London Stock Exchange on 3 August 2007.

For further information please visit www.sepura.com.

 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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