Directorate Change

RNS Number : 5303G

Norcros PLC

23 November 2015

 

23 November 2015

Norcros plc

Directorate Change     

Norcros, the market leading supplier of innovative branded showers, taps, bathroom accessories, tiles and adhesives today announces that Martin Payne will be stepping down from the position of Group Finance Director to take up the role of Chief Financial Officer at Polypipe Group plc at a date to be agreed.

The Board will begin a recruitment process for a new Group Finance Director immediately and will make a further announcement in due course.

Commenting on the announcement, Nick Kelsall, Group Chief Executive, said:

"I thank Martin for his valued contribution to the growth and further development of Norcros over the last five years and on behalf of the Board wish him every success in his new role. We will work together to ensure a smooth transition over the coming months."

Martin Payne said:

"I have very much enjoyed my time at Norcros.  It is a great business with committed and talented people, and has a great future.  However, after five years with the business, I feel the time is right for me to embark on the next phase of my career."

ENQUIRIES:

Norcros plc	Tel: [phone]
Nick Kelsall, Group Chief Executive
Hudson Sandler	Tel: [phone]
Nick Lyon
Charlie Jack
Katie Matthews

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 2000 people. The Company is listed on the London Stock Exchange. For further information please visit the Company website: http://www.norcros.com/

 

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