Stelrad Group plc
Directorate
Change
Stelrad Group plc ("Stelrad" or "the
Group" or "the Company", LSE: SRAD) announces today the appointment
of Leigh Wilcox as Chief Financial Officer and as a member of the
Board with immediate effect. Leigh has been performing the role of
Interim Chief Financial Officer since 1 July 2024.
As outlined at the time of his
appointment as interim Chief Financial Officer, Leigh has been with
Stelrad since 2012 and brings to the role a deep
commercial understanding of the Group alongside extensive financial
experience.
Bob
Ellis, Chair of Stelrad, said:
"I
am pleased to
welcome Leigh to the Board and confirm his appointment as Chief
Financial Officer on a permanent basis. Leigh is a
highly experienced professional whose proven track record will
enable him to continue to make a material contribution to the
success of the Group."
Trevor Harvey, Chief Executive Officer,
said:
"Leigh is a strong financial leader with significant knowledge
and experience of our business and sector and I look forward to
continuing to work with him as we deliver our
strategy."
Leigh Wilcox,
Chief Financial Officer, said:
"I am excited
to step into this role permanently and to continue building on our
foundation of financial excellence that supports the business's
plans to deliver sustainable growth."
There is no other information to be disclosed
under Listing Rule 6.4.8 in respect of Leigh Wilcox.
-ENDS-
Enquiries
|
Stelrad Group plc
Trevor Harvey, Chief Executive
Officer
|
+44 (0)191 261 3301
|
|
Sodali & Co
James White / Pete Lambie
|
+44 (0)7855 432 699
stelrad@sodali.com
|
Notes to Editors
Stelrad Group plc is a leading
specialist radiator manufacturer, selling an extensive range of
hydronic, hybrid, dual fuel and electrical heat emitters to more
than 500 customers in over 40 countries. These include standard,
premium and low surface temperature (LST) steel panel radiators,
towel warmers, decorative steel tubular, steel multicolumn and
aluminium radiators.
The Group has five core brands:
Stelrad, Henrad, Termo Teknik, DL Radiators and Hudevad. In
the countries reported by BRG Building Solutions in 2023 to date,
Stelrad moved into a market leadership position, with 18.5% share
by volume of the combined UK, European and Turkish steel panel
radiator market. The Group is now market leader in six
countries - the UK, Ireland, France, the Netherlands, Belgium and
Denmark, with a top 3 position in a further five
territories.
Stelrad is headquartered in
Newcastle upon Tyne in the UK and in 2023 employed 1,400+ people,
with manufacturing and distribution facilities in Çorlu (Turkey),
Mexborough (UK), Moimacco (Italy) and Nuth (Netherlands), with
further commercial and distribution operations in Kolding (Denmark)
and Krakow (Poland).
The Group's origins date back to the
1930s and Stelrad enjoys long established commercial relationships
with many of its customers, having served each of its top five
current customers for over twenty years.
Further information can be found at:
https://stelradplc.com/.
