Share Name Share Symbol Market Type Share ISIN Share Description
Carclo LSE:CAR London Ordinary Share GB0001751915 ORD 5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.70p +3.54% 20.50p 20.20p 20.80p 20.80p 19.95p 19.95p 1,519,692 16:35:24
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Chemicals 146.2 8.2 11.6 1.8 15.02

Carclo plc Appointment of Chief Operating Officer

19/02/2019 9:39am

UK Regulatory (RNS & others)

Carclo (LSE:CAR)
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RNS Number : 4788Q

Carclo plc

19 February 2019

19 February 2019

Carclo plc ("Carclo" or "the Group")

Appointment of Chief Operating Officer

Carclo plc is pleased to announce that it has appointed Stephen Nixon as Interim Group Chief Operating Officer. This is not a Carclo plc board position. Stephen will have responsibility for all of the operations of the Technical Plastics and LED Technologies Divisions. He will report to Mark Rollins, Executive Chairman.

Stephen has a strong engineering background, with the first 15 years of his career spent at the Ford Motor Company in the UK and Germany. He remained in the automotive industry for the next five years working in European general management roles for Freudenberg, before moving to Renold plc as their Group Operations Director. At Renold, Stephen was responsible for 3,000 employees across 20 countries in a variety of engineering manufacturing operations. Since 2007, Stephen has successfully focussed on undertaking interim CEO and COO roles for a range of underperforming engineering businesses, including automotive and lighting businesses. He is a fluent German speaker.

Commenting on the appointment, Mark Rollins, Executive Chairman said:

"Stephen's experience is extremely well matched to the immediate needs of Carclo and I am convinced he will successfully lead the Group's operations in making sustained improvements for the benefit of customers, employees and shareholders alike".

Carclo plc                           01924 268040 
Richard Ottaway, Company Secretary 

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(END) Dow Jones Newswires

February 19, 2019 04:39 ET (09:39 GMT)

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