5 August 2021

Synthomer plc

Board update

Synthomer plc ('Synthomer' or 'the Company') today announces that Steve Bennett has informed the Board that he would like to stand down as Chief Financial Officer in due course. Steve has a twelve month notice period and has agreed to remain in his role until a successor is appointed to ensure a smooth transition. The Board has initiated a process to appoint Steve's replacement involving both internal and external candidates.

Steve has made a significant contribution to Synthomer since joining in April 2015. He has established a strong team and finance function, overseen several refinancings, significant investment and multiple acquisitions. This has contributed to Synthomer's strong growth during the period and the Company's solid financial platform today.

A further announcement will be made once a replacement has been appointed. 

Caroline Johnstone, Chair of Synthomer, said:

"On behalf of the Board, I would like to thank Steve for the enormous contribution that he has made to Synthomer over the last 7 years. Together with the wider management team, he has helped to deliver significant growth and strategic change during his tenure. As a result of his initiatives, Synthomer has a highly capable finance function together with a strong financial position from which it can continue to pursue its growth strategy. Steve's successor will become an important member of the team to take Synthomer forward and I look forward to making a further announcement in due course to ensure a smooth transition."

Further information