Directorate Change: De La Rue appoint Chief Financial Officer

De La Rue plc (“De La Rue” or the “Company”) is pleased to announce the appointment of Helen Willis as Chief Financial Officer with immediate effect and as an Executive Director of the Company to take effect on expiry of the Company’s Annual General Meeting on 26 July 2018. Helen joined De La Rue as interim Chief Financial Officer on 16 April 2018.

Helen is a qualified accountant and has a wealth of finance experience, most recently with Premier Farnell plc, where she held the positions of Chief Financial Officer and Director of Financial Operations between 2014 to 2017, until its acquisition by US parts distributor Avnet in 2017. Her previous experience spans a number of senior finance roles in international manufacturing environments including, among others, AZ Electronic Materials plc.

Helen will replace Jitesh Sodha, who resigned from the Board on 19 March 2018.

Commenting on Helen Willis’ appointment, Philip Rogerson, Chairman, said:

“Helen’s wide ranging experience in finance and manufacturing gained within a number of large international businesses will be an asset to the Company.  Having worked closely with Helen as Interim Chief Financial Officer, the Board has been impressed by the significant impact she is already having on the Finance function and I look forward now to welcoming her on to the Board of De La Rue plc.”

There are no other disclosures to be made pursuant to Listing Rule 9.6.13.

De La Rue plc’s LEI code is 213800DH741LZWIJXP78.

Enquiries:

De La Rue plc +44 (0)1256 605000

Philip Rogerson            Chairman

Martin Sutherland         Chief Executive Officer

Lili Huang                     Head of Investor Relations

 

Brunswick +44 (0)207 404 5959

Katharine Spence

Stuart Donnelly

 

About De La Rue

De La Rue’s purpose is to enable every citizen to participate securely in the global economy. As a trusted partner of governments, central banks and commercial organisations, De La Rue provides products and services that underpin the integrity of trade, personal identity and the movement of goods.

As the world’s largest designer and commercial printer of banknotes, De La Rue designs, manufactures and delivers banknotes, banknote substrates and security features to customers in a world where currency will continue to be a key part of the developing payments eco-system.  De La Rue is the only integrated supplier of both paper and polymer banknotes, and creates security features that ensure banknotes are protected against counterfeiting.

De La Rue is the world’s largest commercial designer and printer of passports, delivering national and international identity tokens and software solutions for governments in a world that is increasingly focused on the importance of a legal and secure identity for every individual.

De La Rue also creates and delivers secure product identifiers and ‘track and trace’ software for governments and commercial customers alike to help to tackle the challenge of illicit or counterfeit goods and the collection of revenue and excise duties.

De La Rue is listed on the London Stock Exchange (LSE:DLAR). For further information visit www.delarue.com

 

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