De La Rue plc has today announced it intends to appoint Mark Hoad, Chief Financial Officer of TT Electronics plc, as a non-executive director of the Company. The appointment is expected to be confirmed by the board at its meeting on 29 September 2022.
A chartered accountant, Mark has acquired a deep understanding of finance and operational activities during a career spent in senior finance/management roles with FTSE listed companies. He has been a director of TT Electronics plc and its Chief Financial Officer since January 2015 and previously held equivalent roles with BBA Aviation plc. His other experience includes several years working in a variety of management roles in Continental Europe and Australia, as well as a strong focus on driving business transformation in the US. Mark has spent the last 25 years working in global industrial businesses and has extensive experience of driving business and functional re-structuring and transformation, M&A, and equity and debt capital markets.
Once appointed as a non-executive director, he will join the Audit, Ethics, Nomination and Remuneration Committees.
Kevin Loosemore, Chairman of De La Rue commented: “Mark Hoad brings a very broad range of financial experience, particularly in the public company arena, which will allow him to make a profound contribution to the continued development of De La Rue. I look forward to welcoming him to the board.”
