REACH
23 May 2024
James Cropper
plc
('James
Cropper', the 'Company' or the 'Group')
Appointment of Managing Director,
Advanced Materials
Further to the Company's full year trading
update on 30 April 2024, James Cropper plc (AIM: CRPR), the
Advanced Materials and Paper & Packaging group, is pleased to
confirm the appointment of Andy Walton as Managing Director, James
Cropper Advanced Materials, a non-Board position, with effect from
29 July 2024. Andy will become a member of the Executive
Committee and report directly to the Chief Executive
Officer.
Andy has over 30 years of experience in the
chemicals, sustainable solutions, and advanced materials sectors.
He has led multiple global businesses to deliver high performance
solutions to OEMs and Tier 1 suppliers within Aerospace,
Automotive, Energy and Industrial end markets. Andy has a
track record of driving significant growth through the positioning
of disruptive technologies, P&L management, organisational
development, and growth in new business.
Andy joins from Victrex plc, a leader in high
performance polymer solutions, where he was most recently Strategic
Business Unit Director, Transport. In this role, he successfully
led the integration of two separate business units of Aerospace and
Automotive into one Transport business achieving significant growth
in both revenue and profitability whilst delivering sustainable
innovative solutions to the world's leading automotive and
aerospace companies. Prior to this, Andy worked in senior roles for
Huntsman plc and Innovia Films Ltd in the UK, Belgium and
Switzerland.
Andy's key priorities will be to execute on the
Advanced Materials strategic growth plan, including identifying
short term growth opportunities and supporting an implementation
plan for capturing mid to long-term growth in Hydrogen, Aerospace
and Automotive markets.
Steve Adams,
Chief Executive Officer, commented:
"We are
delighted to have Andy joining the Advanced Materials business. His
wealth of experience in value creation and integration will
strengthen the leadership team and we have no doubt that he is the
right person to identify and enact on growth opportunities for
James Cropper Advanced Materials. We look forward to working with
him to deliver our strategic goals."
ENDS
Enquiries:
James Cropper plc
Andrew Goody, CFO
Stephen Adams, CEO
Tel: +44 (0)1539 818 202
Shore Capital - (Nominated Adviser and
Broker)
Daniel Bush, David Coaten, Henry
Willcocks, Lucy Bowden
Tel: +44 (0)207 408 4090
Buchanan Communications - 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 Products, centred
around four
market audiences: Future Energy, Technical Fibres, Luxury
Packaging and Creative Papers.
A purpose-led business, built upon
six generations of the Cropper family, James Cropper has a 500+
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.