Stadium Group - CEO appointed

Tuesday, Sep 06 2011 by

Stadium Group, the contract electronics engineering and manufacturing company, announced the appointment of a new CEO.

In March the company reported that following the sale of the Plastics Division (June 2010), the goal had been set to become the leading UK owned provider of electronic design and build solutions. The then CEO, who had overseen the restructuring of the company over the last ten years stepped down to allow a successor to be appointed to oversee the achievement of this goal.

Stephen Phipson CBE joins the company from Smiths Group plc, where since 2004 he was president of Smiths Detection (sales of £574 million in 2010), the world's largest provider of chemical, biological, and explosives detection systems supplying major airports, ports, military and government agencies in over 160 countries worldwide. Before joining Smiths in 1997, he held a variety of senior roles in the electronics industry.

The SDM share price has increased by 2% over the past year.

Stadium Group Plc is graded B by LCF Research. To learn more, follow the link.


Disclaimer:  

This note was prepared by LCF Research Limited using information provided by the subject company’s management or publically available news sources. No representations are made nor warranties given (express or implied) in relation to accuracy and completeness. This document is not an invitation to invest in the subject company and does not purport to contain all the necessary information that a prospective investor might require. LCF Research Limited recommends prospective investors to conduct their own thorough independent analysis of the subject company and the information contained in this note or referred to above.


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Stadium Group plc is engaged in the provision of electronic design and build solutions. The Company is engaged in the provision of sub-contract electronic manufacturing services, design and manufacture of power supplies and design and manufacture of intelligent interface displays. The Company provides electronic technologies and manufacturing services including power products, intelligent interface & displays, and integrated electronic manufacturing services (iEMS) to original equipment manufacturers customers in the industrial, marine, aviation, transport infrastructure, lighting, medical, automotive, greentech and communication markets. The Company’s operating segments include Interface & & Displays, Power and iEMS. The Company’s range of products include AC-DC power supplies, DC-DC Converters, LED Drivers, Medical Power Supplies, EN54 power supplies and battery chargers. The Company’s subsidiaries include Stadium Asia Limited, STMC Limited and Stadium Power Limited. more »

Share Price (AIM)
62.5p
Change
0.0  0.0%
P/E (fwd)
8.2
Yield (fwd)
3.4
Mkt Cap (£m)
18.5



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