De La Rue plc (LSE: DLAR) ("De La Rue", the "Group" or the "Company") today announces that it has appointed David Sharratt as Managing Director of the Group's Authentication division, with effect from 12 September 2022. David will join the Group Executive Leadership Team. This appointment follows the decision by Andrew Clint, current Managing Director of the Group's Authentication division, to resign to pursue other opportunities after three years leading the division, and over 13 years with the Company.
David Sharratt has over 25 years' experience growing businesses across a number of sectors, including mobile computing and software, renewable energy and chemicals. Most recently, he was Vice President, International for Array Technologies, where he delivered significant sales growth across EMEA and Latin America, including securing substantial business in a number of new countries. Prior to this, David held various business development leadership positions at Honeywell International, including in their Global Tracking, Scanning and Mobility, and Chemicals business units.
Clive Vacher, CEO of De La Rue, commented, "I am delighted to welcome David Sharratt to the Group. David is an accomplished executive who will drive further growth and success in Authentication. His track record of revenue and margin growth, coupled with substantial international experience across a variety of sectors, means that the division will be in excellent hands for the next phase of its development."
"I am extremely grateful to Andrew Clint for his outstanding service to the Group. He has been an integral part of the Executive Leadership Team and has played a pivotal role in the Company's Turnaround Plan. Under his leadership, the division has exhibited strong growth in revenue and margin, based on De La Rue's proprietary track and trace solutions for governments and brand protection. I wish him well for the future."
