Listed chemicals company Elementis has appointed former PwC chairman Ian Brindle as a non-executive director following a board reshuffle.
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Brindle, currently deputy chairman of the Financial Reporting Review Panel, is joined by Edward Bramson and Matthew Peacock, who are representatives of major Elementis stakeholder Hanover Investors.
Finance director Brian Taylorson remains on the board.
Bramson, who will serve as chairman, said: ‘The restoration of shareholder value and profitable growth of Elementis will be at the forefront of the board’s planning. I look forward to working with the management team and serving as the company’s chairman.’
Elementis’s share price rose 4% on Monday morning to 49.5p, from 47.5p.
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