Rexam, the packaging and drink canning company, says its "Chairman designate", Stuart Chambers, will join the board today, as planned, as a non-executive director.
The company announced back in November he would be taking over from Sir Peter Ellwood on February 22nd.
Chambers is already a non executive director at Tesco, The Manchester Airport Group and Smiths Group.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
He was until 2009 Chief Executive of NSG, the Tokyo based glass company which acquired Pilkington in 2006.
Shares in Rexam have gained 12% in the last 12 months.
BS
-
Why undersea cables are under threat – and how to protect themUndersea cables power the internet and are vital to modern economies. They are now vulnerable
-
Vanguard to bring in £4 minimum monthly fee - is it still a cheap deal?Vanguard is overhauling its charges, with DIY investors set to pay more from January. How will the fees compare to its rivals, and what should customers do?
