Carclo plc Appointment of Group Finance Director Designate (0842L)
03 September 2019 - 11:25PM
UK Regulatory
TIDMCAR
RNS Number : 0842L
Carclo plc
03 September 2019
3 September 2019
Carclo plc
Appointment of Group Finance Director Designate
Carclo plc ("Carclo" or the "Group"), a global manufacturer of
fine tolerance injection moulded plastic parts mainly for the
medical, automotive lighting and optics markets, announces the
appointment of Paul Below as Group Finance Director designate.
Paul Below is a Chartered Accountant and a highly experienced
interim finance director, with a strong track record of delivery in
turnaround situations across a variety of industries in the
publicly listed, private equity and family owned company
environments.
Paul starts with immediate effect and after a suitable hand-over
period will become the Group Finance Director, and join the Board,
when the current Group Finance Director, Sarah Matthews-DeMers,
leaves the Group in October as previously announced. It is
currently planned that Paul will fill the Group Finance Director
role on an interim basis whilst the ongoing restructuring of the
Group is completed and a platform from which to set the long-term
strategy is established.
Paul will be attending the Annual General Meeting on 25
September for shareholders wishing to meet him.
Other than being a director of Celette Holdings Limited and
Parkside International Limited at the time they were placed into
administration on 5 March 2001 and 23 December 2004 respectively,
Paul has confirmed that there is no further information required to
be disclosed pursuant to paragraph LR 9.6.13R of the Listing Rules
of the Financial Conduct Authority.
Enquiries:
Carclo plc 01924 268040
Mark Rollins - Executive Chairman
FTI Consulting 020 3727 1340
Nick Hasell / Susanne Yule
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END
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