Last checked at 8 Aug 2017 07:00
Tuesday 8 August 2017
Zotefoams plc
("Zotefoams", or "the Group" or "the Company")
Directorate changes
Zotefoams plc, a world leader in cellular materials technology, is pleased to announce the appointment of Doug Robertson as a Non-Executive Director and Chair of the Audit Committee, with effect from 8 August 2017. Doug is also appointed as a member of the Nominations and Remuneration Committees, alongside the other Non-Executive Directors.
Doug was Group Finance Director of SIG plc until his retirement in January this year. Prior to joining SIG, Doug had been Group Finance Director of Umeco plc and Seton House Group Limited, having spent his early career with Williams plc in a variety of senior financial and business roles. He is currently a Non-Executive Director and Chair of the Audit Committee of HSS Hire Group plc. There is no further information to disclose pursuant to LR 9.6.13 of the Listing Rules.
After six years, Marie-Louise Clayton, Non-Executive Director and Chair of the Audit Committee will be retiring from the Board. To provide a smooth transition, Marie-Louise will step down on 30 September 2017.
Steve Good, Chairman of Zotefoams plc, said:
"Zotefoams has benefited greatly from Marie-Louise Clayton's contribution to the Board over the last six years and we wish her well in the future.
We are delighted to welcome Doug Robertson to the Group. His background in international industrial markets and extensive commercial and financial experience will be of great value to the Board as the Group pursues its ambitious strategy for growth."
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Enquiries:
Zotefoams plc | +44 (0)208 664 1600 |
David Stirling, Group CEO | |
Gary McGrath, Group CFO | |
FTI Consulting | +44 (0)203 727 1000 |
Victoria Foster Mitchell / Simon Conway |
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.