6 April 2023
De La Rue plc
Appointment of Chief Financial Officer
De La Rue plc (LSE: DLAR) ("De La Rue", the "Group" or the "Company") today announces that it has appointed Charles Andrews as interim Chief Financial Officer, with effect from 11 April 2023. Charles will join the Group Executive Leadership Team. This appointment follows the resignation of Rob Harding as Chief Financial Officer in January 2023 in order to take up the position of Chief Financial Officer of PayPoint plc.
Charles is a qualified Chartered Accountant with a broad experience, working internationally and across numerous industry sectors. His most recent role was as Senior Vice President, Airframes at Meggitt plc, prior to which he held senior finance roles at Ingram Micro Inc and GSK.
Clive Vacher, Chief Executive Officer of De La Rue, commented:
"We are delighted that Charles will be joining De La Rue as interim Chief Financial Officer. His wide-ranging experience with a proven ability to lead change and transformation at an executive level will be invaluable us as we continue to hone and refine the Group."
Charles is not being appointed as a Director of the Company. Rob Harding will continue to serve as a Director of the Company during his notice period to assist with an orderly transition.
Enquiries
De La Rue plc |
+44 (0) 7990 337707 |
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Clive Vacher |
Chief Executive Officer |
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Louise Rich |
Head of Investor Relations |
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Brunswick |
+44 (0)207 404 5959 |
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Stuart Donnelly |
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Ed Brown |
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About De La Rue
De La Rue plc's purpose is to secure trust between people, businesses and governments. As a trusted partner of governments, central banks and commercial organisations seeking to secure their global supply chains and cash cycles, De La Rue provides highly secure physical and digital solutions that underpin the integrity of economies and trade.
De La Rue's Currency division provides market-leading end-to-end currency solutions, from finished banknotes to secure polymer substrate and banknote security features to over half the central banks and issuing authorities around the world.
Our Authentication division protects revenues and reputations through the provision of physical and digital solutions to governments and commercial organisations. We also manufacture ID security components.
As at 25 March 2023, De La Rue had over 1,800 employees who work with organisations in more than 140 countries, leveraging the group's manufacturing facilities in the UK, US, Malta, Sri Lanka and Kenya.
De La Rue's shares are traded on the London Stock Exchange (LSE:DLAR). For further information please visit www.delarue.com.
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