IQE PLC – Appointment of Non-Executive Director

IQE PLC – Appointment of Non-Executive Director

IQE plc (AIM:  IQE), the leading global supplier of advanced wafer products and wafer services to the semiconductor industry, is pleased to announce that it has appointed Mrs. Carol Chesney as Non-executive Director to the board of the Group. Mrs. Chesney joins the Board with immediate effect and will Chair the Audit Committee at IQE, in addition to serving as a member of IQE’s Nomination and Remuneration Committees.

Mrs. Chesney, FCA, is an experienced Non-executive Director, currently serving as a Non-executive Director and Chair of the Audit Committee of Renishaw plc since October 2012, in addition to currently serving as a Non-executive Director and Chair of the Audit Committees of Hunting PLC since April 2018 and Biffa PLC since July 2018.

Prior to this, Mrs. Chesney served as the Company Secretary of Halma PLC, the FTSE 100 health, safety and environmental technology group, until 2018, having also served as the Group Financial Controller. During her time at Halma PLC, Mrs. Chesney’s role included corporate governance, legal compliance, equity incentives, pensions, internal audit management, taxation, property, health and safety compliance, environmental reporting and anti-bribery and corruption compliance.

Mrs. Chesney is a Fellow of the Institute of Chartered Accountants in England and Wales, and qualified with Arthur Andersen in the UK.

Phil Smith, IQE Chairman, said:

“I am delighted to welcome Carol to IQE’s Board. Her appointment brings to the Group a unique breadth of Board level experience from across a diverse range of listed businesses that will add an invaluable perspective to IQE as the company continues to build its position as a global technology leader.”

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