Solid State welcomes Sam Smith to its Board as Independent Director

– UK, Redditch –  Solid State plc (LON: SOLI), the specialist value-added component supplier and design-in manufacturer of computing, power, and communications products, today announced the appointment of Sam Smith to its Board as an Independent Non-Executive Director effective from 1 August 2023.

“I am delighted to welcome Sam to our Board to further complement the knowledge and experience of our existing team. I am sure that she will play a key role in supporting the next phase of Solid State’s growth trajectory as we strive to achieve our 2030 ambitions,” said Board Chair Nigel Rogers.

Sam will also join the Audit and Remuneration Committees.

The Company also announced that Peter Haining will not seek re-election at the upcoming AGM in September.

About Sam Smith

Sam Smith is an entrepreneur with over 25 years of business and capital markets experience and has specialized in advising small and mid-cap growth companies. She was previously CEO of finnCap Group which, under her leadership, has become one of the largest brokers for companies listed on the AIM market of the London Stock Exchange. She is a non-executive director of Sumer Group, a professional services firm supporting SMEs with accounting and other services, and Griffin Markets Limited, an OTC wholesale European energy trading business.

Sam Smith is a chartered accountant, having qualified at KPMG, and has received numerous awards in the business including the Top 100 Financial Risings Stars Award and the National Business Woman of the Future Award. She is part of the Government Taskforce on Women-Led High Growth Enterprises, supporting the next generation of female entrepreneurs. Sam is also on the advisory board for Everywoman, which champions the advancement of women in business and is a Patron of The Entrepreneurs Network.

About Solid State plc:

Solid State plc is a value-added electronics group supplying commercial, industrial, and defense markets with durable components, assemblies, manufactured units, and power units for use in specialist and harsh environments. The Group’s mantra is – ‘Trusted technology for demanding environments.

Operating through two main divisions: Systems and Components; the Group specializes in complex engineering challenges often requiring design-in support and component sourcing for computing, power, communications, electronic, electromechanical, and optoelectronic products.

Headquartered in Redditch, UK, Solid State employs approximately 400 staff across the UK and the US, serving specialist markets with high barriers to entry in industrial, defense and security, transportation, medical, and energy.

Solid State was established in 1971 and admitted to AIM in June 1996. The Group has grown organically and by acquisition – having made three acquisitions in the last three years.

Source: https://solidstateplc.com/

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