RS Group plc announced that Simon Pryce is to be appointed to the role of Executive Director with effect from 3 April 2023. Simon is a highly experienced business leader of customer focused, global industrial manufacturing and service businesses. He has a strong track record of driving results and delivering excellent stakeholder outcomes through enhanced performance and the effective execution of organic and inorganic growth strategies.

Most recently, Simon was CEO of Ultra Electronic Holdings plc for over four years which was acquired by Advent in August 2022. Prior to this, he was Group Chief Executive at BBA Aviation plc for 10 years and previously held a range of international finance and management roles. Simon has served as a Non-Executive Director of RS since 2016 and been Chair of the Remuneration Committee since 2019.

Simon will step down from all the Board committees on which he sits with immediate effect. Joan Wainwright will replace Simon as Chair of the Remuneration Committee.