This appointment follows a comprehensive internal and external search process. Wayne Edmunds will step down from his role as Interim Group Chief Executive on 1 April and will remain on the Board as a non-executive director.
Commenting on the appointment BBA Aviation Chairman Sir Nigel Rudd said,
'We are delighted that Mark has accepted the role. The Board feels that he is the ideal candidate to lead the Group forward. Mark's strategic and operational experience in finance and in managing a number of the Group's businesses over the last ten years gives him a deep understanding of the company and the right skills to take on the role of Group Chief Executive. I would also like to thank Wayne Edmunds for stepping into the interim role and leading the business while we completed the search process.'
Mark commented,
'I am delighted to be stepping up to the Chief Executive role at this stage in BBA Aviation's development. The Group has attractive prospects and we are uniquely placed to develop a range of services in the B&GA sector through our enlarged network. I'm looking forward to working with the Board and with my executive colleagues to drive the business forward and realise BBA Aviation's exciting potential for shareholders, customers and for everyone that works for the Group.'
Although a member of the Board, Wayne Edmunds will not be regarded as an independent director and will not be a member of Board Committees. He will hand over the Group Chief Executive responsibilities and support Mark in his induction as he takes on the role.There are no other disclosures required in respect of Mark Johnstone pursuant to Listing Rule 9.6.13.
Enquiries:
BBA Aviation plc
David Crook, Group Finance Director
Kate Moy, Head of Investor Relations and Communications
(020) 7514 3999
Tulchan Communications
David Allchurch
(020) 7353 4200
BBA Aviation plc published this content on 02 January 2018 and is solely responsible for the information contained herein.
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Original documenthttp://www.bbaaviation.com/news/press-releases/2018/02-01-2018
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