Michael Roney appointed in Azelis Board of Directors

Mr. Roney was formerly Chief Executive Officer of Bunzl, the international distribution and outsourcing group, listed on the London Stock Exchange FTSE 100 index, with operations spanning 29 countries and 4 continents.

He retired from Bunzl earlier this year, having served as CEO since 2005 and prior to that as non-executive director. Under Mr. Roney’s leadership of more than 10 years, Bunzl moved into the FTSE 100, made more than 100 acquisitions and had a compound annual TSR of 17%. The wealth of experience he gained at Bunzl and also in other international senior management positions and non-executive directorships, will provide excellent support to Azelis in setting the strategic direction for the business.

Mr. Michael Roney

Dr. Hans-Joachim Müller, Azelis Chief Executive Officer, said that the appointmet is a significant development for Azelis as the Group will benefit from Roney's expertise and proven track record in distribution.