REG - Xaar PLC - Appointment of Chief Financial Officer

XaarAnnouncement

15/01/2025 07:00

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RNS Number : 3340T  Xaar PLC  15 January 2025

15 January 2025

 

Xaar plc

 

Appointment of Chief Financial Officer

 

Xaar plc ("Xaar", the "Group" or the "Company"), the leading inkjet printing
technology group, today announces that Paul James has been appointed the
permanent Chief Financial Officer, effective immediately.

 

Paul has served as Interim Chief Financial Officer since 20(th) November 2024.
Prior to this, Paul was Group CFO of Biffa from September 2023 to October 2024
and Group CFO of Genuit Group plc from March 2018 to September 2023. In
addition, Paul has held a number of senior positions at Currys plc, Inchcape
plc and British American Tobacco plc.

 

John Mills, Group Chief Executive Officer said:

"Paul is an outstanding senior executive with substantial financial experience
and leadership capabilities, who will advance our strategic priorities and
ensure we fully monetise the significant opportunity set before us.  We are
delighted that he has recognised the long-term potential after making a
meaningful contribution in just a short period of time."

 

Paul James Group Chief Financial Officer said:

"I am excited to join the talented team at Xaar as we progress to becoming the
market leader in the printhead space. With solid foundations and cutting-edge
technology, the company has access to significant structural growth and I look
forward to supporting John in realising the full potential of the Company."

 

Contacts:

 

 Xaar plc                             +44 (0) 1223 423 663
 John Mills, Chief Executive Officer
 Paul James, Chief Financial Officer

 CEN                                  Xaar_IR@cen-grp.com
 Chris Dyett
 Stephen Lamacraft

About Xaar plc

 

Xaar is an inkjet innovator, providing printheads and technologies for OEM and
UDI customers worldwide.

 

By helping customers lay down precise volumes of inks and fluids with absolute
pin-point accuracy, time after time, Xaar's inkjet printheads and technologies
meet the needs of numerous markets. Covering graphics, labelling,
direct-to-shape, packaging, product decoration, ceramic tile and glass
decoration, textiles, 3D, décor, and outer case coding applications - as well
as printing with specialist functional fluids for advanced manufacturing
techniques.

 

Collaboration is at the very core of its business. Xaar works as a trusted
partner from sites in Europe and China, providing expert insights and
technical support every step of the way.

 

With over 30 years' experience, around 200 patents registered or pending, and
major ongoing R&D investment, Xaar's digital printhead and precision
jetting technologies create infinite opportunities for today's sustainable
manufacturing innovation.

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