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VINYL GROUP LTD — Board/Management Information 2013
Mar 7, 2013
66014_rns_2013-03-07_42d837dd-5bdd-4ad7-8817-fc7c8a356867.pdf
Board/Management Information
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ASX ANNOUNCEMENT ASX AND MEDIA RELEASE CODE: MBO Date: 8 March 2013
SIR TIM McCLEMENT KCB OBE APPOINTED CHAIRMAN OF MOBILARM
Experienced Senior Naval Commander to Chair Company
CFO Jorge Nigaglioni appointed director
Perth, Western Australia : Global marine safety equipment provider, Mobilarm Limited (ASX: MBO) (“The Company”) today announces that Vice Admiral Sir Tim McClement KCB OBE has been appointed as Chairman of the Company. He replaces man overboard pioneer David Marshall, who is retiring as Chairman and Director of the Company and has been an integral part of the Company’s turnaround for the previous twelve months. The Company is also appointing its CFO Jorge Nigaglioni as a Director of the Company in order to assist the board in its duties.
Newly appointed Chairman Sir Tim McClement KCB OBE stated:
“I’m delighted and honoured to become the Chairman of Mobilarm. The company is in an excellent position to capitalise on the exciting new opportunities in the market, with huge growth potential in the next few years. I look forward to working closely with CEO Ken Gaunt and his team to deliver the best possible products to protect lives at sea; something that is very close to my heart after serving for 35 years in the Royal Navy. I would like to pay tribute to the outgoing Chairman, David Marshall, for his sterling work over many decades in this sector. He richly deserves to enjoy his well-earned retirement.”
CEO Ken Gaunt commented: “Sir Tim’s leadership, business acumen, reputation and commitment has been invaluable to both the Company and to me personally. His knowledge of and contacts within the Maritime Industry bring tremendous credibility and opportunity to Mobilarm.”
“Jorge’s commitment to the Company has allowed us to execute the fantastic turnaround over the last year. He has a wealth of experience with Mobilarm which has proven invaluable to me over the past year that I have been at the helm. We are in great hands to keep moving the Company forward. This board is strong and nimble, ready to execute the goals we have set ourselves to increase shareholder value and to truly deliver on our mission of setting the highest standard of solutions to save lives.”
“I fondly bid farewell to David Marshall who although no longer our Chairman and Director retains a significant interest in Mobilarm as a shareholder. We will continue to call on his experience as needed. I wish him well as he finally settles down to retirement.”
TEL. +61 8 9315 3511 MOBILARM LIMITED (ABN 15 106 513 580) FAX. +61 8 9315 3611 38 GUTHRIE STREET PO BOX 1837 OSBORNE PARK 6916 WESTERN AUSTRALIA WWW.MOBILARM.COM [email protected]
Ends
Further details
Ken Gaunt Chief Executive Officer
Email: [email protected] Tel.: +61 (0)417 961 770 Tel.: +44 (0) 7827 314 442 www.mobilarm.com
Notes for editors
Headquartered in Perth, Western Australia with operations in the United Kingdom, Mobilarm (ASX: MBO) is one of the world’s leading suppliers of man overboard safety products.
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