31 March 2016
Norcros plc
("Norcros", the "Group" or "the Company")
Board Appointment
Norcros plc, the market leading supplier of innovative branded showers, tiles, adhesives, and bathroom accessories today announces the appointment of Shaun Smith to the Board as Group Finance Director with effect from 4 April 2016. This follows the announcement on 23 November 2015 of the intended resignation of Martin Payne, who will step down from his role as Group Finance Director from 4 April 2016 but continue as a director of Norcros plc until 12 May 2016 to ensure a smooth handover.
Shaun Smith was previously Group Finance Director at Aga Rangemaster Group plc (formerly Glynwed International Plc) from 2001, up until its recent takeover. He began his career in retail management and corporate treasury at Marks and Spencer plc before joining Glynwed International Plc in 1989, becoming Group Treasurer in 1999.
Commenting on Shaun's appointment, Nick Kelsall, Group Chief Executive, said: "I am delighted to welcome Shaun to Norcros and look forward to the contribution of someone of his high calibre and deep experience as we continue to drive the business forward. I would also like to thank Martin for his valued contribution over the last five years and wish him success in his new role.''
There are no disclosures to be made under Listing Rule 9.6.13 other than Shaun Smith's previous directorship referred to in this announcement.
Further enquiries:
Norcros plc |
Tel: 01625 547 700 |
Nick Kelsall, Group Chief Executive |
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Hudson Sandler |
Tel: 0207 796 4133 |
Nick Lyon |
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Charlie Jack |
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Katie Matthews |
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Notes to Editors
· Norcros is a leading supplier of high quality and innovative showers, taps, bathroom accessories, ceramic wall and floor tiles and adhesive products with operations primarily in the UK and South Africa.
· Based in the UK, Norcros operates under five brands:
· Triton Showers - Market leader in the manufacture and marketing of showers in the UK
· Vado - A leading manufacturer and supplier of taps, mixer showers, bathroom accessories and valves
· Johnson Tiles - A leading manufacturer and supplier of ceramic tiles in the UK
· Norcros Adhesives - Manufacturer of tile & stone adhesives, grouts and related products
· Croydex - A market-leading, innovative designer, manufacturer and distributor of high quality bathroom furnishings and accessories
· Based in South Africa, Norcros operates under three brands:
· Tile Africa - Chain of retail stores focused on ceramic and porcelain tiles, and associated products such as sanitary ware, showers and adhesives
· Johnson Tiles South Africa - Manufacturer of ceramic and porcelain tiles
· TAL - The leading manufacturer of ceramic and building adhesives
· Norcros is headquartered in Wilmslow, Cheshire and employs around 1800 people. The Company is listed on the London Stock Exchange. For further information please visit the Company website: http://www.norcros.com