Avon Rubber CEO to step down
This change in leadership will take place on Sept. 30 of this year; Slabbert will continue in his role in the meantime.
"The board is immensely grateful to Peter for the contribution he has made during his time with Avon Rubber," Avon Chairman David Evans said. "Early on he was an instrumental part of the successful transformation of the group, helping to build the foundations that have led to the recent consistent record of growth in profits, further evidenced in today’s interim results. He leaves behind a strong executive team, which the board is confident will continue to grow the group.”
Slabbert states that his reason for leaving is that he needs a change in lifestyle after serving with the group in leadership capacities for 15 years.
"We have transformed Avon Rubber and have established strong foundations to continue to grow the group," Slabbert said.
Avon Rubber specializes in the development, design and manufacture of respiratory systems for use in chemical, biological, radiological and nuclear (CBRN) capabilities. According to the company's website, they have been a quality mask and personal protective equipment manufacturer since the 1920s. They also work in the development and design of products for dairy tubing.