Last checked at 24 May 2013 11:27
24 May 2013
James Cropper PLC ("the Company")
Board changes
James Cropper PLC (AIM: CRPR.L), the specialist paper and advanced materials group, is pleased to announce the appointment of Martin Thompson as a Director of the Company and as Managing Director of Technical Fibre Products Limited ("TFP"), with effect from 10 June 2013. In both roles, Martin succeeds George Quayle, who will retire from the Company and the Board on 31 July 2013.
George Quayle joined the Company in 1992, becoming Managing Director of TFP in 1996 and joined the Board of the Company in 1998.
Martin Thompson joined the Company in 2003 as General Manager of James Cropper Converting Limited ("JCC") and was appointed Managing Director of JCC in 2007. Since this time, JCC has performed well, expanding its customer base, implementing capital investment programmes and delivering sustained sales and earnings growth. Prior to joining the Company, Martin was a main board director of Inveresk PLC and he has also held a variety of roles with Arjowiggins and BASF.
Phil Wild, Chief Executive Officer, commented:
"I would like to take the opportunity to sincerely thank George Quayle for his enormous contribution over the years. As Managing Director of TFP he has overseen the growth of a successful advanced materials business that now boasts manufacturing facilities on both sides of the Atlantic.
"I look forward to welcoming Martin Thompson to the Board of the Company and as Managing Director of TFP. He brings a proven track record for delivering growth, and has a strong commercial, operational & technical background together with a good appreciation of the Company's culture."
For further information, call:
James Cropper PLC | Westhouse Securities Limited |
Phil Wild, Chief Executive Officer | Richard Baty, Paul Gillam |
Tel: 01539 722002 | Tel: 0207 601 6100 |
www.cropper.com |
Regulatory information
Mr Martin Thompson (aged 54) is, or has been, a director of the following companies during the last five years:
Current directorships:
James Cropper Converting Limited
Papermilldirect.com Limited
Previous directorships:
None
Martin Thompson has an interest of 33,244 ordinary shares of 25p each in the Company, representing 0.37% of the Company's outstanding share capital.
Save as disclosed above, there are no further disclosures to be made in relation to Martin Thompson under Schedule Two, paragraph (g) (i) - (viii) of the AIM Rules for Companies.