Last checked at 18 Aug 2020 07:00
Carclo plc
Appointment of Non-Executive Director and Chairman-elect
Carclo plc (the "Company or Carclo") announces the appointment of Nick Sanders as a Non-Executive Director and Chairman-elect of the Board with immediate effect.
Nick is an engineer by training and has over 20 years' of board experience in UK and international businesses. His early career was spent in a variety of technical and operational roles at Rolls-Royce and Lucas Aerospace and since 2002 he has been leading turnaround situations in aerospace and manufacturing businesses. In this capacity he served as Executive Chairman of Gardner Aerospace for nine years until 2019. Nick is currently a Non-Executive Director of Doncasters and Non-Executive Chairman of Sertec Group, Cashewglen Limited and a Family Investment Fund.
Joe Oatley, Chairman, said "I am delighted to welcome Nick to the Board of Carclo. He brings a wealth of experience and has a strong track record of success in creating value for all stakeholders in industrial manufacturing businesses. It is our intention that Nick will take over from me as Chairman after this year's Annual General Meeting and I look forward to working with him in delivering the next phase of our strategy."
There is no information required to be disclosed pursuant to paragraph LR 9.6.13R of the Listing Rules of the Financial Conduct Authority in connection with Nick's appointment.
About Carclo plcCarclo plc is a public company whose shares are quoted on the Main Market of the London Stock Exchange. The Group is a global provider of value-adding engineered solutions for the medical, optical and aerospace industries.
Enquiries:
Carclo plc 01924 268040
Antony Collins - Group Chief Executive
FTI Consulting 020 3727 1340
Nick Hasell / Susanne Yule