REG - Carclo plc - Appointment of Chief Executive Officer

CarcloAnnouncement

06/10/2022 13:15

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20221006:nRSF0630Ca&default-theme=true

RNS Number : 0630C  Carclo plc  06 October 2022

6 October 2022

 

 

Carclo plc

("the Company")

 

 

Appointment of Chief Executive Officer

 

The Board of Carclo plc is pleased to announce the appointment of Frank
Doorenbosch as Chief Executive Officer of Carclo plc ("Carclo") with immediate
effect.  Frank has been on the Board of Carclo since 22 January 2021 and has
recently been acting as a consultant to the CTP division.

 

Frank has spent the majority of his career in the plastics industry with RPC
Group plc, a leading manufacturer of film and packaging products.  He has
held roles in finance, sales and marketing and business improvement as well as
managing operations in several locations across Europe and Asia.  From 2016
to 2019 he was CEO of RPC bpi.  Frank holds a Doctorate in Management and
Organisation.

 

As a result of this change, Nick Sanders will stand down as Executive Chair
with immediate effect becoming Non-Executive Chair.  Nick will remain as
Chair of the Board of Carclo plc until 31 December 2022.  The Board will
appoint a new Chair in due course.

 

Nick Sanders said:

 

"I'm pleased with the progress that Carclo has made in the last two years.
 The business has been stabilised and the management team strengthened,
sales and profits have increased and the foundations laid for further
profitable growth.  I now feel it is the right time to appoint Frank as Chief
Executive; his experience in the plastics industry is what is needed in the
business now.  I have therefore decided to step back from my Executive Chair
position but will continue as Non-Executive Chair until the end of the year."

 

About Carclo plc

Carclo plc is a public company whose shares are quoted on the Main Market of
the London Stock Exchange. The Group is a global provider of value-adding
engineered solutions for the medical, optical and aerospace industries.

 

LEI: 21380078MEM399JPI956

 

Enquiries:

 Carclo plc                                   01924 268040
 Frank Doorenbosch - Chief Executive Officer

 FTI Consulting                               020 3727 1340
 Nick Hasell / Susanne Yule

 

 

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  BOAUPGWUUUPPGPQ