Accsys Technologies PLC (AXS) – CEO Appointment

Accsys, the fast-growing and eco-friendly company that combines chemistry and technology to create high performance, sustainable wood building products, is pleased to announce that Dr Jelena Arsic van Os has been appointed Chief Executive Officer Designate and a member of the Board of Accsys, with effect from 1 July 2023 at the latest. Upon her appointment becoming effective, Stephen Odell will step down as Executive Chair and revert to his position as an independent Chair of the Board.

Dr Jelena Arsic van Os has over 20 years’ experience in senior executive leadership roles in large-cap multinational companies. She has a proven track record in transforming and driving complex businesses, delivering on profitable growth targets, as well as leading successful operational turnarounds in both global and regional business in EMEA, APAC and South America. Jelena also has experience of successfully delivering large capital projects across a number of jurisdictions, including a new protective coatings plant in Brazil and capacity extensions in industrial coatings in Argentina and powder coatings in the US, Middle East and China.

Jelena is currently Vice President Plastics, Coatings, Adhesives and Rubber Performance Minerals EMEA and APAC at Imerys SA. Imerys is a global leader in mineral-based specialty solutions with a strong footprint in sustainable construction. Headquartered in Paris and with operations in over 40 countries, Imerys is a constituent of the CAC Mid 60 index.

Prior to Imerys, Jelena held a number of senior executive positions across the globe during her 17 years tenure at AkzoNobel, the large-cap, chemicals and coatings company. The multinational, which operates across more than 150 countries, is listed on Euronext Amsterdam and is a constituent of the AEX Index (top 25 listed companies in the Netherlands). During her time at the company, Jelena was a member of AkzoNobel’s Executive Leadership Team and her positions included: Director Performance Coatings South America; Director Functional Powder Coatings Gmbh; Director Powder Coatings North Europe; Business Director Resins; Business Development Industrial Chemicals; and Sales and Marketing Functional Chemicals CEE, Middle East and India.

Jelena has a PhD in Solid State Chemistry from Radboud University Nijmegen, Netherlands.

Stephen Odell, Chairman of Accsys Technologies PLC, commented: “On behalf of the Board, I am delighted that Jelena is to become Accsys’ new Chief Executive Officer. Jelena’s considerable and relevant experience makes her a great fit for Accsys and well qualified to lead the business into the next phase of growth as we continue with our mission of changing wood, to change the world. I look forward to welcoming her to the Company at the beginning of July.”

On her appointment, Dr Jelena Arsic van Os, said: “I am very excited to be joining Accsys. As the Chief Executive Officer and a member of the Board, I will be committed to bringing my perspective and experience to the Company, collaborating with the talented Accsys team to drive the organisation in unlocking its full potential and maximising value creation for our customers and stakeholders.”

The following disclosures are required regarding Dr Jelena Arsic van Os’s appointment pursuant to Schedule 2 paragraph (g) and Rule 17 of the AIM Rules for Companies:

Full name: Dr Jelena Arsic van Os

Age: 52 years

Current Directorships: None

Directorships held in the past five years: None

There are no other matters in relation to the appointment of Dr Jelena Arsic van Os which are required to be disclosed in accordance with the AIM Rules for Companies.

Contact:

Katharine Rycrof – Investor Relations – ir@accsysplc.com

Source: Accsys Technologies PLC