– UK, Hertfordshire – CareTech Holdings PLC (LON: CTH), a pioneering provider of specialist social care and education services to adults and children, today announced the appointment of Adrian Stone to its Board as a Non-Executive Director and Chair of the Audit Committee, effective from 1 January 2022, replacing Karl Monaghan, who will resign from the board with effect from AGM in March 2022.
“We welcome Adrian to the Board, his extensive experience will be invaluable to CareTech as we deliver our business plan for growth while continuing to provide excellent quality care to the individuals in our services. I would also like to take this opportunity to thank Karl for his contribution to the board and wish him well in his future endeavours,” commented xecutive Chairman, Farouq Sheikh OBE.
About Adrian Stone
Adrian Stone is an experienced financial professional having worked at KPMG since 1984. He was made an audit partner at KPMG in 1997 before becoming UK Head of Audit in 2015 and a member of the UK executive committee responsible for executive management of the UK firm. He was also a member of the Global Audit Leadership Group until 2017.
Previously Adrian held several other senior roles in KPMG’s audit practice including head of the audit for the north of England and Scotland, COO for the UK audit practice, head of the internal audit, and head of KPMG’s department of professional practice.
Adrian is currently Chairman of Sheffield Hospitals Charity and a Non-executive board member of Sheffield Mutual Friendly Society.
About CareTech
CareTech Holdings PLC is a leading provider of specialist social care services supporting around 5,000 adults and children with a wide range of complex needs in more than 550-day services in the UK employing more than 11,500 staff; and an emerging presence in international markets.
Committed to the highest standards of care and care governance, CareTech’s innovative Care Pathway covers Foster care, Children’s Services, Adults Services, and Digital Technology Solutions.
CareTech, which was founded in 1993, began trading on the AIM market of the London Stock Exchange in October 2005 under the ticker symbol CTH.
For more information: https://www.caretech-uk.com/
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