# Chemring Group appoints Tony Wood as Non-Executive Director and Chairman-Designate

- Link: https://www.directorstalkinterviews.com/chemring-group-appoints-tony-wood-as-non-executive-director-and-chairman-designate/4121161811
- Published: 2024-06-24T08:00:24+01:00
- Author: Amilia Stone

**Chemring Group plc** (LON:CHG) has announced the appointment of Tony Wood as an
independent non-executive director and Chairman-designate. He joins the Board with
effect from 1 October 2024 and will succeed Carl-Peter Forster as Chairman of the
Board on 1 December 2024, following Carl-Peter’s retirement on 30 November 2024.

Carl-Peter joined the Board of Chemring on 1 May 2016 and was appointed Chairman
on 1 July 2016. Since then he has successfully led the Group through a period of
significant transformation as we have built a stronger, higher-quality and more 
resilient business. The investments made in both culture and infrastructure position
the Group well to capitalise on its many opportunities.

Tony is a member of the Board of Directors of Airbus SE, the CAC 40 aerospace and
defence firm, and [National Grid plc](https://www.directorstalkinterviews.com/ftse-company/national-grid/ng.l),
an energy company operating in the UK and the US. From 2018-2022 he was Chief Executive
of [FTSE 100](https://www.directorstalkinterviews.com/news/ftse-100) [Meggitt plc](https://www.directorstalkinterviews.com/ftse-company/meggitt-plc/mggt.l),
where he led the operational and cultural transformation of the company. He brings
to the Board significant engineering and sector experience having also been a Non-
Executive Director and former President of ADS Group Limited, the trade association
for the Aerospace, Defence, Security and Space sectors in the UK, from 2020-2023.
Prior to joining Meggitt he spent 15 years at Rolls-Royce plc, latterly serving 
as President of Aerospace from 2013-2016.

Tony holds a degree in Engineering from the Open University in the UK and a Master
of Business Administration from INSEAD in France. He is a Fellow of the Royal Aeronautical
Society and a Fellow of the Association for Project Management. 

> **Michael Ord, Chief Executive of Chemring, commented:**
> “On behalf of the Board I would like to thank Carl-Peter for his immeasurable 
> guidance and commitment to Chemring over the past eight and a half years. He has
> led the Board through a period of significant transformation, and he leaves the
> Group in an excellent position to continue this success.
> “We are delighted that Tony has agreed to succeed Carl-Peter as Chairman of Chemring.
> He joins at an extremely exciting point in Chemring’s development and his knowledge
> and understanding of the defence and aerospace sector will be invaluable. Tony
> is an extremely experienced individual with a strong business track record, and
> the Board believes that he is the right person to oversee the next stage of the
> Group’s development.”

> **Carl-Peter Forster, Chairman, said:**
> “I have greatly enjoyed my eight and a half years as Chairman of Chemring, during
> which time the Group successfully focused its operations within its core niche
> markets, re-entered the [FTSE 250](https://www.directorstalkinterviews.com/news/ftse-250),
> steadily improved profitability and now has the ambition to achieve annual revenues
> of c.£1billion by 2030.
> “The transformation of the Group could only have been achieved with the dedication
> and hard work of its management and employees. I am grateful for the many years
> of successfully working with the team at Chemring and I wish them all well in 
> the future.”

**Tony Wood added:**

> “I am very much looking forward to joining the Board of Chemring succeeding Carl-
> Peter as Chairman, and to working with the Board, Michael Ord and the leadership
> team to support the next exciting stage in the Company’s development.”

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