Norcros PLC - Wilmslow, England-based bathroom and kitchen product supplier - On Tuesday appoints Steve Good as a non-executive director and chair designate, both with effect from July 1. He will assume the role of chair upon the retirement of David McKeith. Good is currently a non-executive director of London-based speciality chemicals company Elementis PLC. Prior to that, he was recently the non-executive chair of cellular material technology producer Zotefoams PLC and sausage casing manufacturer Devro PLC.
Outgoing Chair David McKeith says: "Norcros welcomes Steve Good as a non-executive director and board chair designate. He has been appointed after an extensive and thorough recruitment process for his proven business leadership credentials and broad range of experience. The company, having now been successful in recruiting a new board chair following the tragic death of Gary Kennedy earlier this year, is pleased to confirm that David McKeith will continue to act as board chair until our [annual general meeting] and then retire from the board as planned at its conclusion."
In January, Norcros had said that Kennedy would take a temporary leave of absence on health grounds. It promoted Senior Independent Director David McKeith to acting chair.
Current stock price: 170.26 pence each, closed down 1.6% on Tuesday in London
12-month change: down 16%
By Xindi Wei, Alliance News reporter
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Norcros (NXR)
Zotefoams (ZTF)
Elementis (ELM)