– UK, Newcastle Upon Tyne – Stelrad Group plc (LON: SRAD) today announced the appointment of Katherine Innes Ker to its Board as Senior Independent Director effective on 1st February 2024.
“I am delighted to welcome Katherine to the Board and look forward to her contribution to support the delivery of the Company’s strategy. Katherine brings significant listed company board experience in a Non-Executive capacity, and her appointment will further strengthen the Board.” said Board Chair, Bob Ellis.
Katherine Innes Ker will also join the Nomination Committee as Chair and the Remuneration and Audit & Risk Committees as a member.
About Katherine Innes Ker
Katherine Innes Ker is a highly regarded Non-Executive Director, Senior Independent Director, and Chair, with extensive board experience across a range of sectors. Katherine is Chair of the Mortgage Advice Bureau plc, Senior Independent Director, and Chair of the Remuneration Committee of Forterra plc, and is a Non-Executive Director of Ground Rents Income Fund plc.
About Stelrad Group plc
Stelrad Group plc is Europe’s leading specialist radiator manufacturer, selling an extensive range of hydronic, hybrid, dual fuel, and electrical heat emitters to more than 500 customers in over 40 countries. These include standard, premium, and low surface temperature steel panel radiators, towel warmers, decorative steel tubular, steel multicolumn, and aluminum radiators.
The Group has five core brands: Stelrad, Henrad, Termo Teknik, DL Radiators, and Hudevad. In the data reported by BRG Building Solutions for 2022, Stelrad moved into a market leadership position, with an 18.8% share by volume of the combined UK, European, and Turkish steel panel radiator market. The Group is now the market leader in seven countries – the UK, Ireland, France, the Netherlands, Belgium, Denmark, and Greece, with a top 3 position in a further nine territories.
Stelrad is headquartered in Newcastle upon Tyne in the UK and in 2023 employed 1,400+ people, with manufacturing and distribution facilities in Çorlu (Turkey), Mexborough (UK), Moimacco (Italy), and Nuth (Netherlands), with further commercial and distribution operations in Kolding (Denmark) and Krakow (Poland).
The Group’s origins date back to the 1930s and Stelrad enjoys long-established commercial relationships with many of its customers, having served each of its top five current customers for over twenty years.
SOURCE: https://stelradplc.com/
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