– UK, Burnley – Velocity Composites plc (LON: VEL), the leading supplier of composite material kits to aerospace and other high-performance manufacturers, today announced the appointment of Adam Holden as Group Finance Director and Company Secretary effective from 7 December 2022, replacing Chris Williams who will leave the Company on 16 December 2022.
“Adam brings to Velocity a strong mixture of commercial manufacturing and professional accounting and reporting experience. We look forward to working with him as we aim to capture the opportunities created by the recovery of the global aerospace industry,” said Board Chairman, Andy Beaden.
About Adam Holden
Adam Holden has 19 years of experience in the accounting profession, beginning his career at KPMG where he qualified as a Chartered Accountant. At KPMG, he enjoyed a 10-year career auditing and advising a range of blue-chip clients. He joins Velocity from Bright Blue Foods Limited, a wholly owned subsidiary of BBF (Holdings) Limited, where he has been the Financial Controller since September 2016. BBF is a multi-site, private equity-backed ambient cakes and other baked goods manufacturer, supplying the UK’s major supermarkets and other retail clients. In Adam’s time at Bright Blue Foods, revenue increased to more than £165 million per annum through acquisitions and organic growth. Before joining Bright Blue Foods, Adam was the Financial Controller of Arriva Rail North.
About Velocity Composites
Based in Burnley, UK, Velocity Composites is the leading supplier of composite material kits to aerospace and other high-performance manufacturers, that reduce costs and improve sustainability. Customers include Airbus, Boeing, Safran and GKN.
Using Velocity’s proprietary technology, manufacturers can free up internal resources to focus on their core business. Velocity has significant potential for expansion in the UK and abroad, including into new market areas, such as wind energy, urban air mobility and electric vehicles, where the demand for composites is expected to grow.
For more information: https://www.velocity-composites.com/
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