LONDON (Alliance News) - Torotrak PLC Monday said it has appointed Adam Robson as its new chief executive effective from April 13, succeeding Jeremy Deering.
Robson has been an operating partner at Nova Capital Management since 2007 and has also worked at Lucas Varity PLC.
"We are delighted that Adam is joining as chief executive. His extensive experience in managing and building high growth technology businesses, commercialising technology and delivering long term value will prove invaluable. He joins at an important time for Torotrak as vehicle OEMs and Tier 1s show an increasing interest in the capability of the group's technologies to deliver increased fuel efficiency and CO2 emissions reductions," Chairman Nick Barter said in a statement.
Torotrak shares were untraded Monday morning, last trading at 10.07 pence.
By Karolina Kaminska; karolinakaminska@alliancenews.com @KarolinaAllNews
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