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Benchmark Hlgs PLC - Director and Divisional Management Changes

RNS Number : 2662K
Benchmark Holdings PLC
21 April 2020
 

21 April 2020

 

Benchmark Holdings plc

("Benchmark" or the "Company")

 

Director and Divisional Management Changes

 

Benchmark Holdings, the aquaculture genetics, health and nutrition business, announces that Alex Raeber is stepping down as Chief Scientific Officer (CSO) and a Director of the Company with effect from 31 July 2020. Since joining Benchmark in 2018, Alex has played an instrumental role in the execution of the Company's new strategy, leading the review and streamlining of the product pipeline, the integration of Benchmark's innovation teams and the reorganisation of the Group's in-house trial facilities. Having completed these critical projects and as the Company moves from an R&D investment phase into commercial execution, Alex has decided that this is the right time to pursue new challenges.

 

The Company also announces that Philippe Léger has decided to retire from his current position in Benchmark from 1 July. Philippe started his career in 1979 at the University of Ghent as a research scientist, before joining the spin-off company that became INVE, now Benchmark's Advanced Nutrition division. Philippe led Advanced Nutrition until he turned 65 handing over his position to Athene Blakeman as Head of Advanced Nutrition in July 2019. Following the resignation of Malcolm Pye as Benchmark's CEO in 2019, Philippe agreed to extend his service leading the executive management team and supporting Peter George, Executive Chairman. Having completed the handover in Advanced Nutrition and following the appointment of incoming CEO, Trond Williksen from 1 June 2020, Philippe has decided it is the right time to pursue new projects.

 

Peter George commented:

 

"On behalf of the Board I would like to thank Alex and Philippe for their important contributions to Benchmark, particularly the roles they have played in the new strategy and restructuring we initiated in 2019. We wish them success in their future endeavours."

 

 

Enquiries:

 

Benchmark Holdings PLC


benchmarkplc.com/investors

Septima Maguire, CFO


+44 (0)20 3696 0630

Ivonne Cantu, Investor Relations






Numis Securities



Freddie Barnfield, Duncan Monteith (Nominated Adviser)


+44 (0)20 7260 1000

James Black (Corporate Broking)






MHP Communications



Katie Hunt / Reg Hoare / Alistair de Kare-Silver


+44 (0)20 3128 8742


  

About Benchmark Holdings PLC

 

Benchmark's mission is to enable food producers to improve their sustainability and profitability.

 

We bring together biology and technology, to develop innovative products which improve yield, quality and animal health and welfare for our customers. We do this by improving the genetic make-up, health and nutrition of their stock - from broodstock and hatchery through to nursery and grow out.

 

Benchmark has a broad portfolio of products and solutions, including salmon eggs, live feed (Artemia), diets and probiotics and sea lice treatments. Find out more at www.benchmarkplc.com

 

 

 


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Quick facts: Benchmark Holdings PLC

Price: 36.2

Market: AIM
Market Cap: £241.68 m
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