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Companies >
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Aerospace >
Avon Rubber p.l.c. >
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Taking the bull by the horns

  • 15 Feb 2017

Taking the bull by the horns


Avon Rubber p.l.c. (AVON:LON) | 3,142 -3299.6 (-3.2%) | Mkt Cap: 974.9m


  • Edison
    • Alexandra West

    • 2 pages

Aerospace image



 
Aerospace image



Avon Rubber announced this morning that CEO Rob Rennie has left and been replaced with Paul McDonald, formerly managing director of Avon’s Dairy division. This news comes as a surprise and is likely to raise some questions over the CEO and CFO transition, with the CEO only being in post for just over a year. However, the group has appointed an executive already known to many who have followed the business, and as such should be seen as a good appointment with a track record of decisiveness and getting things done.


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Taking the bull by the horns


Avon Rubber p.l.c. (AVON:LON) | 3,142 -3299.6 (-3.2%) | Mkt Cap: 974.9m


  • Published: 15 Feb 2017
  • Author: Alexandra West
  • Pages: 2
  • Edison


Avon Rubber announced this morning that CEO Rob Rennie has left and been replaced with Paul McDonald, formerly managing director of Avon’s Dairy division. This news comes as a surprise and is likely to raise some questions over the CEO and CFO transition, with the CEO only being in post for just over a year. However, the group has appointed an executive already known to many who have followed the business, and as such should be seen as a good appointment with a track record of decisiveness and getting things done.



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