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Accsys Technologies PLC Appoints Independent Non-Executive Director

General News
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Accsys, the fast-growing and eco-friendly company that combines chemistry and technology to create high-performance, sustainable wood building products, is pleased to announce the appointment of Roland Waibel to the Board of Accsys as an Independent Non-Executive Director with effect from 1 August 2023.

Roland brings over 30 years of chemicals, pharmaceutical, textile and process industry knowledge and experience to the Board. He most recently held the position of Chief Financial Officer of Archroma Group, a leading chemical supplier to the textile and paper industry, between 2013 and 2022. Prior to Archroma, Roland was the Chief Financial Officer of Omya AG and Lonza Group AG. He also served as Non-Executive Director of Adval Tech Holding AG, an international supplier to the automotive industry, between 2005 and 2020.

Roland will be a member of the Nomination Committee and the Remuneration Committee and, with effect from the conclusion of the Company’s Annual General Meeting on 20 September 2023, Chair of the Audit Committee. Roland has extensive knowledge of finance, corporate development and M&A within international businesses, and is an experienced Audit Committee Chair.

Stephen Odell, Chairman, commented: “We are delighted to welcome Roland to the Board. With his extensive international sectoral and finance experience, Roland will make a valuable addition to the Company, Board and Audit Committee and I look forward to working with him.”

About Accsys Technologies

Accsys (Accsys Technologies PLC) is a fast-growing business with a purpose: changing wood to change the world. The company combines chemistry, technology and ingenuity to make Accoya® wood and Tricoya® wood elements: high performance wood products that are extremely durable and stable, opening new opportunities for the built environment and giving the world a choice to build sustainably. Accsys transforms fast-growing, certified sustainable wood into building materials with an up to 50-year warranty, locking carbon stored in the wood into useful products for decades, with performance characteristics that match or better those of non-renewable, resource-depleting and polluting alternatives. Accsys is listed on the London Stock Exchange AIM market and on Euronext Amsterdam, under the symbols ‘AXS’. Visit www.accsysplc.com

Contact:

Katharine Rycroft – Head of Investor Relations – 44 (0) 7783 776080

Source: Accsys Technologies PLC