Directorate Change, Renold PLC, 2020-05-12

RNS Number : 5522M
Renold PLC
12 May 2020

Renold plc

(“Renold”, the “Company” or the “Group”)


Appointment of Group Finance Director




Renold, a leading international supplier of industrial chains and related power transmission products, is pleased to announce the appointment of James (Jim) Robert Haughey to the Board as the Group Finance Director.


Jim, aged 53, is currently UK Group Finance Director of Drive DeVilbiss Healthcare Limited, a manufacturer and global distributor of durable healthcare products.

Jim qualified as a Chartered Accountant in 1991 and has subsequently spent his career in senior finance roles across a range of industrial businesses including FKI, Bridon, Cosalt and Bodycote within line and central functions. He was Group Finance Director for AIM listed Mpac Group plc, the global supplier of high speed packaging and automation solutions.

Jim will replace Ian Scapens, who, as announced on 13 November 2019, resigned as the Group’s Finance Director, and is expected to leave the business after the investor roadshow to present the 2019/2020 annual results. Jim’s start date is still to be finalised and an update will be made in due course.

Mark Harper, Chairman of Renold plc commented: I am delighted to welcome Jim to the Group.  Jim is a high calibre appointment with a proven track record across a range of senior finance functions within global industrial businesses.”





Renold plc 

0161 498 4500

Robert Purcell, Chief Executive


Ian Scapens, Finance Director




Peel Hunt

0207 418 8831

Mike Bell

Ed Allsopp




Instinctif Partners

0207 457 2020

Mark Garraway


Rosie Driscoll






Renold is a global leader in the manufacture of industrial chains and also manufactures a range of torque transmission products which are sold throughout the world to a broad range of original equipment manufacturers and distributors. The Company has a well deserved reputation for quality that is recognised worldwide. Its products are used in a wide variety of industries including manufacturing, transportation, energy, steel and mining.


Further information about Renold can be found on the website at:



Disclosures required by Schedule Two, paragraph (g) of the AIM Rules for Companies:

Current directorships

Directorships held in the last five years

Aquajoy Bathlifts Limited

Doherty Medical Limited

Drive Devilbiss Healthcare Limited

Drive Devilbiss Sidhil Limited

Endres UK Limited

Mountway Holdings Limited

Mountway Limited

Park House Healthcare Limited

Siddall & Hilton Enterprises Limited

Siddall Medical Limited

Sidhil Group Limited

Specialised Orthotic Services Limited

Arista Laboratories Europe Limited

Hartsvale Limited

Molmac Engineering Limited

Mpac Corporate Services Limited

Mpac Group Holdings Limited

Mpac Group plc

Mpac ITCM Limited

Mpac Machine Company Limited

Mpac Machinery Limited

Mpac Overseas Holdings Limited

Mpac Tobacco Machinery Limited

Thrissell Limited


Save as set out above, there are no further disclosures required pursuant to Schedule Two, paragraph (g) of the AIM Rules for Companies.

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