XP Power announces that Peter Bucher, non-executive director, has tended his resignation and will retire from the Board on 31 December 2018.
James Peters, Chairman, said "I would like to thank Peter for his contribution to the development of the Group since joining the Board in 2014 and wish him a happy retirement."
A search for a replacement non-executive director will take place during 2018.
Duncan Penny, Chief Executive
Gavin Griggs, Chief Financial Officer
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Note to editors
XP Power is a leading international provider of essential power control solutions. Power direct from the electricity grid is unsuitable for the equipment which it supplies. XP Power designs and manufactures power converters - components which convert power into the right form for our individual customers' needs, allowing their electronic equipment to function. XP Power supplies the healthcare, industrial and technology industries with this mission critical equipment. Significant, long term investment into research and development means that XP Power's products frequently offer significantly improved functionality and efficiency.
For further information, please visit www.xppower.com