Rexam 'Chairman designate' in place

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.

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.

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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