All Change at The Royal Mint

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All Change at The Royal Mint

14 Aug 2017

The Chairman of The Royal Mint, Peter Warry, has today announced that its Chief Executive, Adam Lawrence, will be leaving the company at the end of October to pursue a new role in the manufacturing sector.

Mr Lawrence joined The Royal Mint as CFO in 2008, becoming Chief Executive in 2011. He has overseen a transformation of the Royal Mint and, amongst other things, managed the one pound coin project, with the new coin entering circulation earlier this year.

Peter Warry said: “Adam has steered a transformation of the business which has led to the most successful period of performance of The Royal Mint in recent memory. The company has diversified considerably under his stewardship and now operates three distinct businesses - circulating coin, consumer and bullion, together with an evolving FinTech digital gold product. This has put the company on a very strong footing to respond to future challenges. I thank Adam for his commitment to the company and for the strength of his leadership and wish him every success in his new role.

“Over the coming weeks I will be working closely with the rest of the board and HM Treasury as shareholder to ensure we identify a strong successor to lead the next phase of The Royal Mint’s development.”

Adam Lawrence said: “I have been privileged to lead The Royal Mint through some significant changes and I have been honoured to work with an exceptional team. It was a very difficult decision for me to leave the company but I am confident that The Royal Mint's strong culture and values and its committed people mean it will continue to grow to meet future challenges and opportunities.”

Prior to joining The Royal Mint as Director of Finance, Adam held a number of senior positions with Catalent Pharmaceuticals and its predecessors for businesses located in Australia, Asia, Europe and the US and was Vice President Finance for the Sterile Technologies division before leaving in 2008. Adam originally trained as Chartered Accountant with Price Waterhouse, and also holds an MBA from Monash University in Melbourne, Australia.

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