Molins Appoints New CEO

Source from:  Tobacco Reporter 05/13/2016

Molins' board of directors has appointed Antony Steels as chief executive and a director, effective June 6, 2016.

Steels will succeed Dick Hunter, who will step down from the board on that date to pursue new interests after eight years as chief executive.

Steels has extensive experience in engineering, both in the U.K. and internationally, and a proven track record in business development. He joins Molins from Cytec, part of Solvay, a chemicals and advanced materials company listed on the Brussels and Paris stock exchanges.

"I am delighted to announce the appointment of Tony Steels as chief executive," said Molins Chairman Phil Moorhouse. "He has extensive experience in engineering and management in both international and U.K. businesses and a proven track record of value creation.  We look forward to working with him as we seek to develop the group.

"The board would also like to place on record its appreciation of the considerable contribution Dick has made to the group, both as chief executive since 2008 and prior to that as a divisional managing director.  We wish him well in his future ventures." Enditem