Edition:
United Kingdom

Chemring Group PLC (CHG.L)

CHG.L on London Stock Exchange

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Summary

Name Age Since Current Position

Carl-Peter Forster

2016 Non-Executive Chairman of the Board

Michael Ord

2018 Chief Executive Officer, Executive Director

Andrew Lewis

2017 Finance Director, Executive Director

Sarah Ellard

2011 Company Secretary, Group Legal Director, Executive Director

Stephen King

2018 Non-Executive Director

Andrew Davies

2016 Non-Executive Independent Director

Nigel Young

2013 Senior Non-Executive Independent Director

Biographies

Name Description

Carl-Peter Forster

Mr. Carl-Peter Edmund Moriz Forster has been appointed as Non-Executive Chairman of the Board of the Company, effective 1 May 2016. Carl-Peter Forster joined the Group as an independent non-executive director and Chairman-designate on 1 May 2016, and was appointed Chairman of the Board on 1 July 2016. Carl-Peter formerly held senior leadership positions in some of the world’s largest automotive manufacturers, including BMW, General Motors and Tata Motors (including Jaguar Land Rover). Carl-Peter is currently the Senior Independent Director at IMI plc and a non-executive director of Cosworth Ltd, and was previously a non-executive director of Rexam PLC and Rolls-Royce plc. He is also Chairman of The London Electric Vehicle Company Ltd, and Friedola Tech GmbH, a member of the Board of Volvo Cars Corporation, a member of the Board of Geely Automobile Holdings and a member of the Advisory Boards of Rock Tech Lithium, Inc. and PwC.

Michael Ord

Mr. Michael Ord has been appointed as Chief Executive Officer, Executive Director of the Company., effective from 1 July 2018. Michael Ord was appointed to the Board on 1 June 2018, and appointed as Group Chief Executive on 1 July 2018. Michael formerly held a number of senior management roles with BAE Systems including Managing Director of their Naval Ships and F-35 Joint Strike Fighter businesses. Prior to his 1996 move to industry Michael had a successful career in the Royal Navy serving for twelve years in a number of engineering management roles. An Aeronautical Systems Engineering graduate and a Chartered Engineer, Michael has also completed post-graduate management studies at Manchester Business School and is a graduate of Harvard Business School’s Advanced Management Programme. He is a trustee of The Education & Training Foundation, and a member of the Royal Aeronautical Society.

Andrew Lewis

Mr. Andrew G. Lewis serves as Finance Director, Executive Director of the Company, effective 19 January 2017. Andrew Lewis joined the Group on 9 January 2017 and was appointed to the Board as Group Finance Director on 19 January 2017. Andrew spent eight years as Group Finance Director of Avon Rubber p.l.c., where he also performed the Interim CEO role during 2015, following the retirement of the previous CEO. Prior to joining Avon, Andrew was Group Financial Controller of Rotork plc and before that he was a Director at PricewaterhouseCoopers in Bristol and New Zealand.

Sarah Ellard

Mrs. Sarah L. Ellard, FCIS, is Company Secretary, Group Legal Director, Executive Director of Chemring Group Plc. Sarah Ellard was appointed as Group Legal Director on 7 October 2011, having been Group Company Secretary since 1998. Prior to joining the Group, Sarah trained and worked at Ernst & Young LLP. She is a Fellow of the Institute of Chartered Secretaries and Administrators.

Stephen King

Mr. Stephen Anthony King is Non-Executive Director of the Company, effective 1 December 2018. Stephen King was appointed as an independent non-executive director on 1 December 2018. He is the Senior Independent Director and Chairman of the Audit Committee at TT Electronics plc, and is a non-executive director of BBA Aviation plc, and Bristow Group Inc. Stephen has a wealth of senior level experience within the industrial, engineering and manufacturing sectors, including a number of executive and non-executive roles. Stephen recently retired as Group Finance Director of Caledonia Investments plc. He was previously a non-executive director and Chairman of the Audit Committee at The Weir Group plc. Stephen was Finance Director at De La Rue plc from 2003 to 2009, and prior to that at Midlands Electricity plc. A Chartered Accountant, Stephen has also held senior financial positions at Lucas Industries plc and Seeboard plc, and was a non-executive director of Camelot plc.

Andrew Davies

Mr. Andrew Davies is Non-Executive Independent Director of the Company. Andrew Davies was appointed as an independent non-executive director on 17 May 2016 and was appointed as Chairman of the Remuneration Committee on 8 August 2018. Andrew has a wealth of relevant sector experience, having served in senior operational and strategic roles at executive committee level at BAE Systems plc for more than fourteen years. He was formerly Chief Executive of Wates Group Ltd.

Nigel Young

Mr. Nigel Young has been appointed as Senior Non-Executive Independent Director of Chemring Group PLC. Nigel Young became a non-executive director and Chairman of the Audit Committee on 1 May 2013, following his appointment as Interim Chief Financial Officer in August 2012. He was appointed as Senior Independent Director in March 2016. Nigel’s previous appointments include Finance Director of ALVIS PLC, First Technology PLC, Babcock International Group PLC and Morgan Advanced Materials Plc. Nigel has also undertaken a number of interim finance roles, including one at McBride Plc. He is currently a non-executive director and Chairman of P2i Limited, a provider of liquid repellent nanotechnology, and is a trustee and Board member of Orbis UK, a leading global eye charity.

Basic Compensation

Name Fiscal Year Total

Carl-Peter Forster

200,000

Michael Ord

164,000

Andrew Lewis

419,000

Sarah Ellard

434,000

Stephen King

--

Andrew Davies

57,000

Nigel Young

65,000
As Of  31 Oct 2018

Options Compensation