Further to the Company’s announcement on 21 June 2010, Accsys confirms that Willy Paterson-Brown has resigned as Chairman and as a Director of the Board effective as of 30 September 2010.
Gordon Campbell, who has been a Board member since 2005, has been appointed as
Chairman with immediate effect. Mr Campbell has a wealth of board experience and is currently Chairman of Jupiter Second Split Trust plc, having previously been Chairman of Babcock International PLC, Chairman of British Nuclear Fuels plc and Chief Executive of Courtaulds plc. He is also a former Vice-President of the Royal Academy of Engineering, a former member of the Presidents Council of the CBI and has held a number of other Non-Executive Directorships.
Paul Clegg, the Company’s Chief Executive Officer commented:
“I would like to thank Willy Paterson-Brown for his huge contribution to the Company since its inception in 2005. Willy will be missed as we move into a new period in the Company’s evolution.
With Accoya® wood sales revenue up 46 per cent in the first quarter of this financial year as compared with the same period last year and licensing interest continuing to grow, this is a busy and exciting time for Accsys. We are very grateful to Gordon Campbell for agreeing to act as Chairman and are sure that the Company will continue to benefit from his considerable experience.”