CEO Succession update
Dr James Routh to become CEO on 1 January 2026, succeeding Jakob Sigurdsson.
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Victrex plc, an innovative world leader in high performance polymer solutions, whose products enable environmental and societal benefit in multiple end-markets, today announces that James Routh will join the Company as Chief Executive Officer with effect from 1 January 2026, succeeding Jakob Sigurdsson. He will join the Board as an Executive Director from the same date.
Jakob Sigurdsson will continue to serve on the Victrex Board as Chief Executive until James joins, to support an orderly transition, and then as an Executive Director. Jakob will step down from the Board at the conclusion of the Company's Annual General Meeting on 6 February 2026.
This announcement follows the CEO succession announcement of 8 July 2025 and is pursuant to UK Listing Rule 6.4.7R.
Victrex plc:
| Andrew Hanson, Director of Investor Relations, Corporate Communications & ESG | +44 (0) 7809 595831 |
| Jakob Sigurdsson, Chief Executive | +44 (0) 1253 897700 |
| Ian Melling, Chief Financial Officer | +44 (0) 1253 897700 |
Notes:
1/ As stated in the Company's announcement of 8 July 2025, James Routh's base salary will be £600,000. He will participate in the company's bonus and long-term incentive arrangements in accordance with the Company's remuneration policy. His notice period of 12 months is in line with normal Executive director policy. James will also be eligible to receive compensation that, as far as practicable, will mirror the terms of remuneration forfeit in connection with joining Victrex. Further details will be included in the FY 2025 Directors' Remuneration Report.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.