The Board of BWX Limited announced an orderly leadership succession with Mr. Rory Gration, currently Group Chief Operating Officer, promoted to the role of Group CEO and Managing Director of BWX Ltd, effective 1 March 2022. Mr. Gration succeeds current Group CEO and Managing Director, Mr. Dave Fenlon, who will step down on this same date, remaining on the Board as a Non-Executive Director. Succession planning has remained a key focus point for the Board who have worked closely with Mr. Fenlon and Mr. Gration on the appropriate transition timing and to ensure the Company is in the best position to continue building on the strategic growth pillars established since Mr. Fenlon's appointment.

BWX's key regional operations will continue to be managed by Mr. Doug Hosking, President, Americas, and Mr. Stephen Brown, Managing Director of APAC & EMEA, each reporting into Mr. Gration.