NPX 0.00% $5.42 nuplex industries limited

Ann: OFFICE: NPX: Strategy Function Update

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    					NPX
    27/05/2014 10:06
    OFFICE
    
    REL: 1006 HRS Nuplex Industries Limited
    
    OFFICE: NPX: Strategy Function Update
    
    NZX/ASX release       27 May 2014
    
    STRATEGY FUNCTION UPDATE
    
    Nuplex Industries today announced that the Vice President of Corporate
    Development and Planning, Hasan Shafi is resigning, effective 30 June 2014.
    Mr Shafi will be pursuing an opportunity with a global management consulting
    firm.
    
    Emery Severin, Nuplex's CEO said; "I would like to thank Hasan for his
    contribution to Nuplex since joining in 2010."
    
    "Over the past four years, Nuplex has made significant gains in terms of the
    discipline and processes with which it approaches both strategic planning and
    operational performance assessment. Hasan has played a key role in
    progressing Nuplex along this journey and we wish him every success in the
    future."
    
    William Weaver, currently Vice President, Technology will be expanding his
    role and take on the responsibility for Strategy. Having led Nuplex's global
    R&D function since 2008, William brings his unique combination of technical
    expertise, market knowledge and strategic thinking to the role of Vice
    President, Technology & Strategy.
    
    Over the past two years, strategy planners have been added to each of the
    four regional management teams as part of developing Nuplex's strategic
    planning capabilities. Following the departure of Mr Shafi, the Corporate
    Planning responsibility will be undertaken by this global team.
    
    For further information, please contact:
    Josie Ashton, Investor Relations ? +612 8036 0906 ? [email protected]
    End CA:00250906 For:NPX    Type:OFFICE     Time:2014-05-27 10:06:05
    				
 
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