Sondrel announces John Chubb as Chief Executive Officer Designate

LONDON: Sondrel (AIM: SND), a leading provider of ultra-complex chips for leading global technology brands, announced the intended appointment of John Chubb as Chief Executive Officer Designate.

John Chubb is currently serving as Senior Responsible Officer (SRO) Core Delivery at Defence Equipment & Support (DE&S) within the UK Ministry of Defence, responsible for delivering this important project within the MoD. John is a highly experienced CEO having run businesses in IT, Communications, Energy and Construction, both domestically and across Europe.  A fellow of the Institution of Engineering and Technology, he brings a wealth of expertise in business turnaround, cash development, strategic leadership and has an impressive track record of driving growth. 

As announced by the Company on 14 May 2024, David Mitchard, currently Interim Chief Executive Officer, will assume the position of Chairman upon completion of the proposed subscription to raise £5.6 million announced on that same date, whilst also remaining in the role of Interim CEO until John Chubb joins Sondrel on 18 July 2024 and an orderly handover period of CEO duties to Mr. Chubb has been completed.

Nigel Vaughan, Chairman of Sondrel plc, said: “On behalf of the Board, I’d like to thank David for his contribution to Sondrel since he assumed the position of Interim Chief Executive in March. During this period, David has successfully implemented key elements of our transformation plan and, thanks to his hard work, the Group is now on a stable footing. John has a long track record of delivering positive results for stakeholders and his wealth of experience will be invaluable.”

David Mitchard, Interim Chief Executive Officer, said: “It has been a privilege to lead Sondrel over the past few months as Interim CEO and I am pleased with the progress that we have made. I look forward to assuming the position of Chairman in due course.”

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