6 August 2009
Cobham plc
Retirement of Chairman in 2010
On 6 August 2009 it was announced that David Turner, Chairman of Cobham has been invited to take up a senior non-executive appointment in Australia early next year and will continue as Chairman of Cobham until the conclusion of the AGM in May 2010.
It has now been announced by the Commonwealth Bank of Australia that David Turner has been invited to take up the position as Chairman of that company in February next year.
As noted earlier a process for identifying his successor has commenced and is being led by senior independent director Marcus Beresford.
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ENQUIRIES
David Turner, Chairman +44 (0)1202 882020
Allan Cook, Chief Executive +44 (0)1202 882020
Julian Hellebrand, Group Director of Communications +44 (0)1202 857651
Julian Wais, Director of Investor Relations +44 (0)1202 857998
Susan Ellis, Senior Communications Adviser +44 (0)7836 522722
NOTES
Cobham's products and services have been at the heart of sophisticated military and civil systems for more than 70 years, keeping people safe, improving communications and enhancing the capability of land, sea, air and space platforms. The Company has four divisions employing more than 12,000 people on five continents, with customers and partners in over 100 countries and annual revenue of more than £1.4 billion/US$ 2.1 billion.
The Commonwealth Bank is one of Australia's leading providers of integrated financial services including retail banking, premium banking, business banking, institutional banking, funds management, superannuation, insurance, and investment and share-broking products and services. The Group is one of the largest listed companies on the Australian Stock Exchange and is included in the Morgan Stanley Capital Global Index.
RNS news service provided by Hemscott Group Limited.