Appointment of Chairman04 March 2019
Appointment of Chairman
Reliance Worldwide Corporation Limited (ASX: RWC) is pleased to announce the appointment of Stuart Crosby as Chairman, effective immediately. The appointment follows the retirement of Jonathan Munz from the Board.
Mr. Crosby has been a non‐executive director of RWC since April 2016. He has significant experience with international businesses having previously been Chief Executive Officer and President of Computershare Limited.
Mr. Crosby said: “I am very pleased to be have been appointed Chairman of RWC. The Company is very well positioned with an exciting future. I look forward to continuing to work with RWC’s strong leadership team led by Heath Sharp.”
“On behalf of the Board, I would like to thank Jonathan for his significant contribution to RWC. During his 33 years at RWC, the Company has grown into one of the most valuable plumbing parts and systems manufacturers in the world, with innovative products, including our SharkBite push‐to‐connect fittings, that lead and set the standard globally in each of the major product categories in which we compete. Recent highlights during his time as RWC Chairman include the Company’s successful IPO in 2016 and continued strong organic sales growth plus the transformational $1.2 billion acquisition of John Guest in 2018. We wish him every success for the future.”
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