OXFORD, England, May 10, 2016 /PRNewswire/ -- P2i, the world
leader in liquid repellent nano-coating technology, announced today
the intention of its' CEO, Carl D Francis, to step down at the end
of 2016.
P2i specialises in super thin hydrophobic coatings,
predominantly for the consumer electronics industry. A spin-out
from the UK Ministry of Defence, the Company boasts a number of
global, high profile smartphone brands as its customers.
Francis, 56, joined P2i in 2008; since that time, the Company has
developed and defined the concept of protecting consumer
electronics.
Francis said "I am really proud of what we have built at
P2i. Cutting edge technology, supportive investors, and a
great and passionate team underpins our success. We have
changed the face of the smartphone industry, having earlier this
year exceeded 100 million smartphones protected by our
technology. However, after eight years at the helm, I believe
the business would be best served by some new blood at the top, and
I'll be rooting for a new CEO to take P2i to the next level."
P2i Chairman Nigel Young said
"Carl has been the driving force in moving P2i from a pre-revenue
tech start up to the dominant global force in functional
nano-coatings today. He will continue to lead P2i until he steps
down at the end of the year, but this early notice allows for a
thorough recruitment process to be concluded. We anticipate a
professional and well managed transition in the second half of
2016."
Francis will continue to serve the Company in an advisory role
following the transition to a new Chief Executive.
Editor's Note – About P2i
P2i is the global leader in liquid-repellent nano-coatings,
helping companies around the world give their products improved
protection against damaging elements such as water, oil, sweat and
mud.
With a focus on the consumer electronics industry, P2i
technology makes devices water resistant, improving their
reliability and allowing them to survive liquid exposure in
everyday accidents. Using a patented pulsed plasma process, P2i's
technology coats objects with an invisible protective coating that
is 1/1000th the thickness of a human hair.
Headquartered near Oxford in
England, P2i's market-leading
technology is protected by multiple patents. The company works
directly with the world's leading OEMs to integrate their
nano-coating technology into existing manufacturing lines.
P2i has about 100 employees and three laboratory facilities in
the UK, USA and China to support its continuous development
work. The company has hundreds of its nano-coating systems for
high-volume processing now deployed within its customers'
manufacturing facilities around the globe, including factories in
Brazil, Argentina, China, Korea, India, Japan,
UK, Switzerland, Germany, the USA and Mexico.
See www.P2i.com for more information.
Media contact:
Carlene Whitehead
marketing@p2i.com
+44-(0)1235-833-100
(Photo: http://photos.prnewswire.com/prnh/20160510/365624 )
(Logo: http://photos.prnewswire.com/prnh/20150929/271990LOGO )
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/francis-to-step-down-as-p2i-chief-executive-300265789.html
SOURCE P2i