Associated British Engineering plc announced that AGM was held on September 18, 2014, the shareholders approve the appointed Sir David Thomson a director with immediate effect. David Brown has resigned as Chairman of the company and the Board has elected Sir David as Chairman in his place. Sir David has been Chairman of a number of investment companies, several of which held interests in ABE.

He is presently Chairman of The Investment Company PLC. David Brown has subsequently resigned as a Director and Mr. Rupert Pearce Gould has been appointed a Director. Mr. Pearce Gould is the Chairman of British Polar Engines Ltd, the main subsidiary of the ABE Group.