Gerard was appointed as a Director in July 2013 and as Chairman in May 2014. Commenting on today's announcement, Gerard said:
“Having overseen the implementation of the recent capital investment programme, recruitment of a new senior management team and establishment of a new global organisational structure it is time for a new Chair to oversee the next stage of Devro's development. I wish the company every success for the future.”
The Board has initiated a search for Gerard's successor.