Last checked at 10 Jun 2021 07:01
Norcros plc
("Norcros" or "the Company")
Directorate Change
Norcros plc, a market leading supplier of high quality and innovative bathroom and kitchen products today announces that Shaun Smith, Chief Financial Officer, has notified the Board of his intention to retire as a director of the Company to pursue a non-executive director career, which the Board has accepted with effect from 31 July 2021. Mr Smith will remain an employee of the Company during the handover period to his successor and his retirement from the Company will take effect on 31 December 2021.
Norcros has concluded a thorough recruitment process with the decision to appoint James Eyre as successor. James has been the Group's Director of Corporate Development and Strategy, leading acquisitions at Norcros since 2014 and will assume the role of Chief Financial Officer effective 1 August 2021. James is a Chartered Accountant and has held senior finance roles at AstraZeneca, Bank of Ireland and N M Rothschild prior to joining Norcros.
Commenting on these changes, Nick Kelsall, Chief Executive Officer, said:
"We have accepted Shaun's decision to retire with considerable regret and I would like to put on record the Board's appreciation of his valued contribution as CFO of Norcros since 2016. We are delighted to promote James Eyre as our new CFO who I know will provide both strong continuity and financial stewardship given his experience and deep knowledge of our Group. I wish James every success in his new role and Shaun best wishes for the future."
Note: There are no disclosures concerning James Eyre to be made under Listing Rule 9.6.13.
Further enquiries:
Norcros plc | Tel: 01625 547 700 |
Nick Kelsall, Chief Executive Officer Shaun Smith, Chief Financial Officer |
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Hudson Sandler | Tel: 0207 796 4133 |
Nick Lyon |
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