RCS - Cropper(James) PLC - Appointment of MD, Advanced Materials

James CropperAnnouncement

23/05/2024 07:00

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20240523:nRSW4932Pa&default-theme=true

RNS Number : 4932P  Cropper(James) PLC  23 May 2024

REACH

23 May 2024

James Cropper plc

('James Cropper', the 'Company' or the 'Group')

Appointment of Managing Director, Advanced Materials

Further to the Company's full year trading update on 30 April 2024, James
Cropper plc (AIM: CRPR), the Advanced Materials and Paper & Packaging
group, is pleased to confirm the appointment of Andy Walton as Managing
Director, James Cropper Advanced Materials, a non-Board position, with effect
from 29 July 2024.  Andy will become a member of the Executive Committee and
report directly to the Chief Executive Officer.

Andy has over 30 years of experience in the chemicals, sustainable solutions,
and advanced materials sectors. He has led multiple global businesses to
deliver high performance solutions to OEMs and Tier 1 suppliers within
Aerospace, Automotive, Energy and Industrial end markets.  Andy has a track
record of driving significant growth through the positioning of disruptive
technologies, P&L management, organisational development, and growth in
new business.

Andy joins from Victrex plc, a leader in high performance polymer solutions,
where he was most recently Strategic Business Unit Director, Transport. In
this role, he successfully led the integration of two separate business units
of Aerospace and Automotive into one Transport business achieving significant
growth in both revenue and profitability whilst delivering sustainable
innovative solutions to the world's leading automotive and aerospace
companies. Prior to this, Andy worked in senior roles for Huntsman plc and
Innovia Films Ltd in the UK, Belgium and Switzerland.

Andy's key priorities will be to execute on the Advanced Materials strategic
growth plan, including identifying short term growth opportunities and
supporting an implementation plan for capturing mid to long-term growth in
Hydrogen, Aerospace and Automotive markets.

Steve Adams, Chief Executive Officer, commented:

"We are delighted to have Andy joining the Advanced Materials business. His
wealth of experience in value creation and integration will strengthen the
leadership team and we have no doubt that he is the right person to identify
and enact on growth opportunities for James Cropper Advanced Materials. We
look forward to working with him to deliver our strategic goals."

ENDS

Enquiries:

James Cropper plc

Andrew Goody, CFO

Stephen Adams, CEO

Tel: +44 (0)1539 818 202

 

Shore Capital - (Nominated Adviser and Broker)

Daniel Bush, David Coaten, Henry Willcocks, Lucy Bowden

Tel: +44 (0)207 408 4090

 

Buchanan Communications - Financial PR

Chris Lane, Charles Ryland, Jamie Hooper, Verity Parker

jamescropper@buchanancomms.co.uk

Tel: +44 (0) 207 466 5000

 

 

Notes for editors:

 

James Cropper is a market leader in Advanced Materials and Paper Products,
centred around four market audiences: Future Energy, Technical
Fibres, Luxury Packaging and Creative Papers.

 

A purpose-led business, built upon six generations of the Cropper family,
James Cropper has a 500+ international workforce and an operational reach in
over 50 countries.

 

Established in 1845, the Group manufactures creative papers, luxury packaging
and advanced materials incorporating pioneering non-wovens and electrochemical
coatings.

 

James Cropper is a specialist provider of niche solutions tailored to a unique
customer specification, ranging from substrates and components in hydrogen
electrolysis and fuel cells to bespoke colours and textures in paper and
moulded fibre packaging designed to replace single use plastics.

 

The Group operates across multiple markets from luxury retail to renewable
energy. It is renowned globally for service, capability, pioneering and multi
award-winning commitment to the highest standards of sustainability.

 

James Cropper's goal is to be operationally net zero by 2030 and to reduce
carbon through its entire supply chain to net zero by 2050.

 

This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  NRAFLLFLZELBBBE