(Alliance News) - Vesuvius PLC, which supplies products to the steel and foundry industries, said Wednesday that Christer Gardell has stepped down as a non-executive director, following seven years of service on the board.
Gardell is a managing partner of Cevian Capital, Vesuvius's largest shareholder.
The company said it has appointed Friederike Helfer, who is also a partner of Cevian Capital, to its board, providing continuity of representation of Cevian.
Shares in Vesuvius closed at 454.80 pence each in London on Wednesday.
By Tapan Panchal; tapanpanchal@alliancenews.com
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Vesuvius (VSVS)