Synthomer Director to Depart Board in 2025
Why we think this is neutral
This RNS announcement is a routine regulatory update regarding a non-executive director's planned departure from the Synthomer board later in 2025. It does not appear to have any direct material impact on the company's financial performance or operations.
Key Points
- Non-Executive Director Ian Tyler appointed to BP plc board
- Ian Tyler to stand down from Synthomer board in second half of 2025
- Search for new independent non-executive director to commence
Summary
Synthomer plc has announced that Non-Executive Director Ian Tyler has been appointed to the board of BP plc as an independent non-executive director and chair elect of the BP remuneration committee, effective from 1 April 2025. As a result, Ian has advised Synthomer that he intends to stand down from the Synthomer Board in the second half of 2025, with the actual leaving date to be agreed and announced in due course. The company will commence a search for a new independent non-executive director shortly to ensure sufficient overlap with Ian in respect of his role as Chair of the Synthomer Audit Committee.