– UK, Croydon – Zotefoams (LON: ZTF), a world leader in cellular materials technology, today announced the appointment of Malcolm Swift to its Board as a Non-Executive Director with effect from 29 September 2023.
“I am delighted to welcome Malcolm to the Zotefoams Board of Directors. His international experience and extensive B2B skill sets will support our growth agenda and he will be a valuable addition to the Board. I am looking forward to working with him,” said Board Chair, Dr Lynn Drummond.
Malcolm Swift will also join the Remuneration Committee as Chair and the Audit and Nomination Committee as a member.
The company also announced that Dr. Ali Fielding will step down from the Board with effect from 29 September 2023.
About Malcolm Swift
Malcolm Swift is an EVP of McCormick & Co, a company listed on NYSE, from which he will retire at the end of 2023. He joined the company in 2005 and has held a series of executive positions, including President of Global Flavour Solutions and CAO. He is President of the European Brands Association, an organization representing 2,500 businesses in Europe, from SMEs to multinationals, and has held Non-Executive directorships with Devro plc and Stolt Sea Farm Holdings plc.
Malcolm Swift said: “Zotefoams’ ambitious strategy, unique environmentally friendly technology and global markets present significant opportunities for growth. I am delighted to be part of the next stage of a business focused on delivering long-term, sustainable returns in the interests of all its stakeholders.”
About Zotefoams plc
Zotefoams plc is a world leader in cellular materials technology delivering optimal material solutions for the benefit of society. Utilizing a variety of unique manufacturing processes, including environmentally friendly nitrogen expansion for lightweight AZOTE polyolefin and ZOTEK high-performance foams, Zotefoams sells to diverse markets worldwide. Zotefoams uses its own cellular materials to manufacture T-FIT advanced insulation for demanding industrial markets. Zotefoams also owns and licenses patented microcellular foam technology to reduce plastic use in extrusion applications and for ReZorce mono-material recyclable barrier packaging.
Zotefoams is headquartered in Croydon, UK, with additional manufacturing sites in Kentucky, USA, Brzeg, Poland, Oklahoma, USA, Massachusetts, USA, Stilling, Denmark, and Jiangsu Province, China.
SOURCE: https://www.zotefoams.com/
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