Xaar announces Board changes
Xaar plc, the inkjet printing technology group headquartered in Cambridge, announces a change in the membership of its Board. After nearly six years as Finance Director and Deputy Chief Executive, Nigel Berry has informed the company of his resignation from his position and from the Board with effect from 31 March 2008.
The Board would like to thank him sincerely for his careful and robust handling of the Group's finances and relationships during what has been a decisive phase in the Group's development and wish him every success for the future.
The Company is pleased to announce that Andrew Taylor, currently Deputy Finance Director and Company Secretary, will join the Board as Finance Director on the same date. Andrew has been with the company since 2001.
Commenting on the changes, Xaar's Chairman, Phil Lawler, said "I wish Nigel well for the future and thank him for his significant contribution to the company during his time with us. I am pleased to welcome Andrew to the Board and congratulate him on his appointment."
There is no information concerning Andrew Taylor which requires disclosure under Rule LR 9.6.13 of the UK Listing Authority Listing Rules.
Ian Dinwoodie, Chief Executive
Nigel Berry, Finance Director
Steve Liebmann or Simon Bloomfield
020-7367-8883 / 07802-888159
Xaar is a world leader in the development of digital inkjet technology