THE INFORMATION CONTAINED WITHIN
THIS ANNOUNCEMENT CONSTITUTES INSIDE INFORMATION AS STIPULATED
UNDER THE UK'S MARKET ABUSE REGULATION. UPON THE PUBLICATION OF
THIS ANNOUNCEMENT, SUCH INSIDE INFORMATION IS NOW CONSIDERED TO BE
IN THE PUBLIC DOMAIN.
7 January 2025
James Cropper
plc
("James
Cropper", the "Company" or the "Group")
Directorate Change
James Cropper plc (AIM: CRPR), the
Advanced Materials and Paper & Packaging group,
announces that Patrick Willink has informed the
Board of his intention to retire from James Cropper in April
2026.
Patrick first joined James Cropper
in 1990 and was appointed to the Board in 1998. He was
instrumental in the development of the James Cropper
Cupcycling® facility and Colourform® product
offering and currently serves as Chief Innovation
Officer.
As part of an orderly retirement
process, Patrick will step down from the Board on 29 March 2025 but
remain employed by the Company for a further 12 months as Strategic
Adviser and member of the Executive Committee supporting the
development of strategy and ensuring a smooth transition of
leadership, particularly within the Centre for
Innovation.
Mark Cropper, Non-Executive Chair, stated:
"On behalf of the Board, I would like to thank Patrick for his
extraordinary contribution. Over 34 years, Patrick has been a
formidable force both within James Cropper and across broader
industry. His exceptional leadership and approach to innovation has
helped to position James Cropper as an advanced materials business
with capabilities aligned to secular global trends and exciting
growth prospects. We look forward to working with Patrick on
the Board until 29 March, and for a further 12 months in his
capacity as Strategic Adviser on the Executive
Committee."
Patrick Willink, Chief Innovation Officer,
stated:
"It has been a real privilege to have played a part in the
development of the Company from being a speciality papermill into a
globally recognised paper, packaging and advanced materials
business, serving some of the world's biggest brands and operating
at the leading edge in our chosen sectors. I believe we have
built a strong foundation of innovation and inventiveness that will
allow James Cropper to develop significantly over the coming
years."
-ENDS-
Enquiries:
James Cropper plc
Mark
Cropper, Non-Executive Chair
Tel: +44(0)1539 722002
Shore Capital - Nominated Adviser
and Broker
Daniel Bush, David
Coaten, Henry Willcocks, Lucy Bowden
Tel: +44 (0)207 408 4090
Burson Buchanan - Financial
PR
Chris Lane, Charles
Ryland, Jamie Hooper, Verity Parker
jamescropper@buchanancomms.co.uk
Tel: +44 (0) 207 466 5000
Notes for editors:
James Cropper is a market leader in
Advanced Materials and Paper & Packaging, centred
around four market audiences: Energy Solutions, Composite
Solutions, Luxury Packaging and Creative
Papers.
A purpose-led business, built upon
six generations of the Cropper family, James Cropper has a 600+
international workforce and an operational reach in over 50
countries.
Established in 1845, the Group
manufactures creative papers, luxury packaging and advanced
materials incorporating pioneering non-wovens and electrochemical
coatings.
James Cropper is a specialist
provider of niche solutions tailored to a unique customer
specification, ranging from substrates and components in hydrogen
electrolysis and fuel cells to bespoke colours and textures in
paper and moulded fibre packaging designed to replace single use
plastics.
The Group operates across multiple
markets from luxury retail to renewable energy. It is renowned
globally for service, capability, pioneering and multi
award-winning commitment to the highest standards of
sustainability.
James Cropper's goal is to be
operationally net zero by 2030 and to reduce carbon through its
entire supply chain to net zero by 2050.
