– UK, Ossett – Carclo plc (LSE:CAR) announces today the appointment of Sarah Matthews-DeMers as Group Finance Director.
Sarah is currently Director of Strategy and Investor Relations at Rotork plc where she recently led a wide-reaching strategic review of all aspects of the business. Prior to this she was Associate Group Finance Director at Avon Rubber plc where her responsibilities included corporate reporting, investor relations, treasury, tax, M&A and post-transaction integration. During her time at Avon, including a period as Interim Group Finance Director, Sarah was part of the senior management team that transformed Avon from a £60 million to a £350 million market capitalisation company. A Fellow of the Institute of Chartered Accountants with a first class honours degree in Accountancy Studies, Sarah began her career at PricewaterhouseCoopers where she gained extensive experience of working with a wide range of international manufacturing and technology companies.
Sarah will join the Board of Carclo on 18 July 2018. She will take over from Richard Ottaway, Group Financial Controller and Company Secretary, who was appointed acting Chief Financial Officer following the departure of Robert Brooksbank on 31 March 2018.
Chris Malley, Chief Executive of Carclo, said: “I am delighted to welcome Sarah to Carclo’s Board and congratulate her on her appointment to this important leadership role.”
About Carclo
Carclo plc is a public company whose shares are quoted on the Main Market of the London Stock Exchange.
Carclo’s strategy is to develop and expand its key manufacturing assets in markets where there are significant further opportunities to drive shareholder value. To enhance profit margins and support its customers, the group has been investing across its global footprint.
Approximately three fifths of group revenues are generated from the supply of fine tolerance, injection moulded plastic components, mainly for medical products. The balance of group revenue is derived mainly from the design and supply of specialised injection moulded LED based lighting systems to the premium automotive industry.
For more information : http://www.carclo.co.uk
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