Last checked at 21 Dec 2017 07:00
Thursday 21 December 2017
Zotefoams plc
("Zotefoams" or the "Company" or "Group")
Directorate change
Zotefoams plc, a world leader in cellular materials technology, is pleased to announce the appointment of Jonathan Carling as a Non-Executive Director with effect from 2 January 2018. Jonathan will become a member of the Audit, Nominations and Remuneration Committees on the same date.
Jonathan is currently the CEO of Tokamak Energy, a technology business developing a faster route to fusion power. Jonathan, who was previously COO, Civil Large Engines at Rolls Royce plc, COO at Aston Martin Lagonda Limited, and Chief Engineer with Jaguar Landrover Limited, brings extensive engineering, operational and business experience to Zotefoams. He was also a Non-Executive Director of Aga Rangemasters plc between 2011 and 2015. There is no further information to disclose pursuant to LR 9.6.13 of the Listing Rules.
After ten years on the Zotefoams Board, Richard Clowes, Non-Executive Director and Senior Independent Director will be not be seeking re-election to the Board at the AGM in May 2018.
Steve Good, Chairman of Zotefoams plc, said:
"We are delighted to welcome Jonathan to the Board. His background in engineering and operations gained in high quality aerospace and automotive businesses will be of great value to the Board as the Group continues to invest and pursue its ambitious strategy for growth."
Enquiries: Zotefoams plc |
+44 (0) 208 664 1600 |
David Stirling, Group CEO | |
Gary McGrath, Group CFO | |
IFC Advisory |
+44 (0) 203 934 6630 |
Graham Herring Miles Nolan | |
About Zotefoams plc
Zotefoams plc (LSE - ZTF) is a world leader in cellular materials technology. Using a unique manufacturing process with environmentally friendly nitrogen expansion, Zotefoams produces and sells lightweight AZOTE® polyolefin and ZOTEK® high-performance foams for diverse markets worldwide. Zotefoams uses its own cellular materials to manufacture T-FIT® advanced insulation for demanding industrial markets. In addition, Zotefoams owns and licenses patented MuCell® microcellular foam technology, developed specifically for extrusion applications, from a base in Massachusetts, USA to customers worldwide.
Zotefoams is headquartered in Croydon, UK, with additional manufacturing sites in Kentucky and Oklahoma, USA (foam products manufacture and conversion), Massachusetts, USA (MuCell Extrusion) and Jiangsu Province, China (T-FIT®).
www.zotefoams.com
AZOTE®, ZOTEK®, T-FIT® are registered trademarks of Zotefoams plc
MuCell® is a registered trademark of Trexel Inc.