– UK, Milton Keynes – Essentra plc (LON: ESNT) today announced the appointment of the current Managing Director of the Components division, Scott Fawcett to its Board of Directors as CEO, effective on 1st January 2023, to succeed Paul Forman who will step down from his role as CEO.
“The Board and I would like to thank Paul for his outstanding contribution to Essentra during his tenure as CEO. Under his careful stewardship and excellent leadership, the Group has been transformed from a weak state and restored to long-term profitable growth. All this – and material growth in profitability – has been achieved despite multiple external headwinds in recent years. Paul will leave the Board with our very best wishes and our sincere thanks and appreciation for all that he has achieved,” said Board Chairman, Paul Lester.
About Scott Fawcett
Scott Fawcett was appointed as Managing Director of the Components division in 2017. He joined Essentra Components in 2010 as Managing Director of the European business and subsequently joined the Group Management Committee in 2014, leading the Components’ global strategy. Over the last twelve years, Scott has led the transformation of the Components business from a product-led to service-led business, enhancing Essentra’s customer proposition and delivering a decade of growth supported by the acquisition of nine businesses.
Scott Fawcett said: “I am delighted to be taking on my new role to lead Essentra at a pivotal point in the Company’s journey. I would like to thank Paul for his support in establishing the Components growth strategy and his mentorship and guidance throughout his tenure and wish him well for the future.”
For more information https://www.essentra.com/en
- Disclaimer - News, data, and statements included in this release are intended exclusively for general information purposes. Talent4Boards does not guarantee that news is accurate or about the correct person and accepts neither liability for the consequences of the reader’s reliance, nor responsibility for the accuracy of the information. Nothing in this release should be considered for decisions about referred securities. Products and brand names may be trademarks or registered trademarks of their respective owners.