Retirement of Chairman
RCR Tomlinson Ltd (RCR) announces the retirement of Mr Raymond John Lynch as Chairman and a Director of RCR Tomlinson Ltd effective 1st January 2008. Mr Lynch has served as Chairman since March 1996.
During his 11 years as Chairman, Mr Lynch has led the Board through a period of strong Company growth. When Mr Lynch was appointed as Chairman the Company had annual revenues of approximately $18 million. RCR’s sales this year are forecast to exceed $500 million, with four profitable and growing operating divisions overseen by a harmonious Board of Directors supported by a cohesive shareholder base.
The Board of RCR Tomlinson Ltd sincerely thanks Mr Lynch for his professionalism, energy, perspective and experience during the period of his service to the Company.
The Board will shortly advise by separate announcement the appointment of a new Chairman.
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