The Board of discoverIE Group PLC (LON:DSCV), a leading international designer, manufacturer and supplier of customised electronics to industry, has today announced the appointment of Clive Watson as a Non-Executive Director and Chair of the Audit and Risk Committee with effect from 2 September 2019.
Clive recently retired as Group Finance Director of Spectris plc, the FTSE 250 measurements and controls business, having joined their board in 2006 and is also the Senior Independent Non-Executive Director and Chairman of the Audit Committee of Spirax-Sarco Engineering plc, the FTSE 100 Industrial engineering group. He is a member of the Institute of Chartered Accountants.
Malcolm Diamond, Chairman, commented: “We are delighted to welcome Clive to the Board. We look forward to working with him and benefitting from his extensive business experience as we take the Group into the next phase of its development.“
Clive Watson, Incoming Non-Executive Director, commented: “I am excited to be joining the Board of discoverIE with its attractive end markets and strong management team as it continues to deliver on its clearly articulated profitable growth strategy.”
There is no further information required to be disclosed pursuant to Listing Rule 9.6.13R.
As at 31st December 2018, Blackrock Smaller Companies Trust PLC has 1.1% of their portfolio held in discoverIE Group PLC.
