TIDMVEL
Velocity Composites PLC
27 September 2017
27 September 2017
Velocity Composites plc
("Velocity" or the "Company")
Strengthening of senior management team
Velocity Composites plc, the leading supplier of advanced
composite material kits, providing engineering value-solutions for
the global aerospace industry, is pleased to announce the
strengthening of its senior management team through the following
appointments:
-- Matthew Archer as Chief Commercial Officer
o Responsible for driving forward the Company's new business
opportunities and in-country strategies in new territories, in
particular EMEA
o 15 years' experience in the aerospace industry, most recently
Head of Commodity Management - Composites, at GKN Aerospace
-- Chris Skinner moves into a new role as Head of Corporate Development, EMEA from his previous position delivering business growth and infrastructure in the South of England
o Responsible for the Company's corporate entry into new
territories
o Previously Director of Asset Management Operations at Deutsche
Bank, with a 17 year military career
-- Jon Haden-Brown as Information Systems Manager
o Responsible for Velocity's IP and in particular the
integration of Velocity's Production System and developing real
time information systems
o 20 years industry experience
-- Frederic Hinnekens to join as Head of European Programmes in December 2017
o Responsible for customer engagement and supporting the CCO
project managing new business responses in EMEA
o Most recently Regional Sales Manager of Aerospace Materials at
Solvay Composites
Velocity Composites currently employs 117 staff across its two
UK facilities, one in Burnley, Lancashire, where it is also
headquartered, and one in Fareham, Hampshire.
Jon Bridges, CEO commented:
"We are delighted to announce the new additions to our senior
management team, supporting the Company as we enter our next stage
of growth, with a specific focus on EMEA. Matt, Chris, Jon and
Frederic all have excellent track records, a complementary skill
set and strong sector expertise.
"Matt was most recently at GKN where he successfully led the
global procurement strategy for a number of categories across all
GKN Aerospace sites in Europe, North America and Asia. At Velocity
his priority market wil be EMEA and working alongside Frederic, who
has vast experience in the aerospace composite sector, will be
focused on building and converting our strong pipeline of
opportunities.
"Chris' wide ranging corporate skills and capabilities will be
of considerable importance to the Company as we enter new
territories to ensure we have the right systems and processes in
place to leverage our unique offering.
"Jon, in his newly created role, is responsible for building and
integrating our information systems, Velocity Composites'
intellectual property, core to our offering.
"We are confident that these additions ensure we have the right
team to execute our growth strategy, meet the demands of new and
existing customers and support the Company in its journey as we
grow from a UK focussed business into a multi-national
business."
Matthew Archer, Chief Commercial Officer
Matt has worked in the aerospace industry for 15 years and has
significant sector expertise. He started his career as a graduate
at the UK Ministry of Defence before becoming a Commercial Manager.
Prior to joining Velocity Composites Matt was Head of Commodity
Management - Composites at GKN Aerospace and before this Head of
Procurement and Logistics - Western Approach. Matt graduated with a
BSc (Hons) in Business with Manufacturing Systems from the
University of Hertfordshire and is a Professional Member of the
Chartered Institute of Purchasing and Supply (MCIPS).
Chris Skinner, Head of Corporate Development
Chris started his career in the British Army and during his
17-year military career was promoted to Chief of Staff responsible
for a 700-strong specialist Joint Service Unit. Prior to joining
Velocity Composites, Chris worked at Deutsche Bank, initially as a
Programme Manager before becoming a Business Manager, governance
lead and operations change programme manager for the UK Asset and
Wealth Management Businesses. Chris graduated with a BA (Hons) in
Geography from Staffordshire University before completing a
Commissioning Course at Royal Military Academy Sandhurst and a MBA
at the Open University Business School.
Jon Haden-Brown, Information Systems Manager
Jon has worked in the IT sector for over 20 years. Most recently
Jon held the position of Online Operations Manager for a global
hospitality company responsible for developing and implementing
multiple data capture systems and bespoke in-house solutions across
multiple sites in the Europe and Asia. Prior to this he was Head of
Ecommerce for Europe managing remote teams based across several
countries. Jon graduate with a BSc (Hons) in Computer Science from
Lancaster University.
Frederic Hinnekens, Head of European Programmes
Frederic was most recently Regional Sales Manager of Aerospace
Materials at Solvay Composites from 2011 to 2017 responsible for
the UK, Northern Europe, Poland, Italy, Israel, Turkey and South
Africa. Prior to this he was an Account Manager at the Company
managing global aerospace companies such as Bombardier, GKN and
Aircelle UK. Frederic graduated with a Bachelor of laws from the
Facultés Universitaires Notre Dame de la Paix, Namur, Belgium and a
Masters of laws form the Katholieke Universiteit Leuven, Belgium
and Humboldt Universität zu Berlin, Germany (Erasmus).
Ends
CONTACT DETAILS:
Velocity c/o Camarco
Jon Bridges, CEO Tel: 020
Alan Kershaw, CFO 3757 4980
Tel: 020
finnCap (Nominated Adviser and Broker) 7220 0500
Adrian Hargrave / Scott Mathieson
/ Kate Bannatyne (Corporate Finance)
Tim Redfern (Corporate Broking)
Camarco (Financial PR) Tel: 020
Georgia Edmonds / James Crothers 3757 4980
About Velocity Composites
Velocity Composites is a manufacturer of composite material kits
for the aerospace industry, delivering engineered kits for its
customers to build component parts. The Company's clients include
multi-national manufacturers of composite parts and assemblies, who
in turn deliver to the world's leading civil and military aircraft
manufacturers. The Airbus A330, A350, A380, Eurofighter Typhoon,
F35 Joint Strike Fighter and Bell Boeing V22 Osprey are all
constructed using parts manufactured from Velocity's kits. The
Company's business model reduces the operating costs of preparing
composite materials ahead of their usage in the construction of an
aircraft part and as such, its offering is disposed to being
self-financing for aircraft parts' manufacturers. Velocity
Composites also exports to Denmark, France, and Belgium.
This information is provided by RNS
The company news service from the London Stock Exchange
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