– UK, Ossett – Carclo plc (LSE:CAR), announces that Robert Rickman will retire from the Board at the end of December 2017, after nearly six years as Non-Executive Director and the Chairman of the Remuneration Committee. Robert has made a substantial contribution to the strategic direction of the Company and the Board thanks him for his service.
The board is also pleased to announce that Mark Rollins will be appointed to the Carclo Board as a Non-Executive Director, and the Chairman of the Remuneration Committee with effect from 1 January 2018. He is currently Senior Non-Executive Director of Tyman plc and Vitec plc and Non-Executive Chairman of Sigma Precision Components UK Limited. Previously he was Group Chief Executive of Senior plc (“Senior”) from March 2008 to June 2015. He is a Chartered Accountant and joined Senior from Morgan Crucible plc as a Division Finance Director in March 1998 and was appointed Group Finance Director in July 2000.
About Carclo plc
Carclo plc is a public company whose shares are quoted on the Main Market of the London Stock Exchange.
Carclo’s strategy is to develop and expand its key manufacturing assets in markets where there remain significant further opportunities to drive shareholder value. To enhance profit margins and support its customers, the group has been investing across its global footprint.
Approximately three fifths of Group revenues are generated from the supply of fine tolerance, injection moulded plastic components, mainly for medical products. The balance of Group revenue is derived mainly from the design and supply of specialised injection moulded LED based lighting systems to the premium automotive industry.
For more information : http://www.carclo.co.uk
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