Wed 3rd January 18 :

Passing the ball at Rhino


Marcus Rule to succeed Andrew Moss as Chairman at leading rugby brand.

There has been a change of Chairman at Rhino, one of the world's fastest growing rugby brands. Former Aviva CEO Andrew Moss has handed over to IT entrepreneur Marcus Rule

Moss has held the role for over 5 years, during which time Rhino has undergone considerable transformation both in global reach and diversity of product offering. The group acquired Powa Products of New Zealand in 2012, concluded a licence with United World Sports of the US to cover the Americas in 2014 and last year signed a significant licensing deal with leading Japanese trading house Itochu for that market.

Rule followed a career in the City by founding Rule Financial in 1997 and grew the specialist banking IT group to a turnover of £60 million with 800 staff in 6 countries before selling it last year to the German business GFT.

Both men played in the front row for Oxford University – Moss as a hooker in the late 1970s and and Rule as a prop in the mid 1980s.

Comments Andrew Moss: "I have enjoyed my 5 years as Rhino Chairman enormously and feel we have made significant progress during that time towards being a leading global rugby brand with increasing geographical and product reach and I am excited by our prospects around Rugby World Cup 2019 in Japan in particular. I am pleased to remain a significant shareholder and look forward to seeing Marcus take the group on to the next stage".

Comments Marcus Rule: "I am looking forward tremendously to the challenge of continuing Rhino's growth, and in particular as the group looks increasingly to growth markets in Asia and the Rugby World Cup in Japan in 2019".

Reg Clark, Group CEO commented: "On behalf of all Rhino's stakeholders I would like to sincerely thank Andrew for his tremendous efforts on behalf of the group. His Chairmanship has witnessed a rapid growth of our business, and tremendous progress on many fronts. I am also personally excited about the prospects of working with Marcus who has recently shown a remarkable record in building shareholder value in a growth business – he and Andrew apart from anything else also share a tremendous enthusiasm for the game and business of rugby. Passion for rugby at all levels from international to grass roots is an integral part of Rhino's brand DNA".