Business
Appointment of CFO
Appointment of CFO.
About this update from Coats Group Plc
[{"type":"text","content":"\n \nRNS Number : 1288A Coats Group PLC 03 June 2016 \n\n \n3 June 2016\n \nCoats Group plc\n \nAppointment of Chief Financial Officer\n \n \nCoats Group plc ('Coats' or the 'Company'), the world's leading industrial thread manufacturer, announces that Simon Boddie will join as Chief Financial Officer and as an Executive Director, effective Monday 4 July 2016.\n \nFrom 2005 to 2015 Simon was Group Finance Director of Electrocomponents plc, the FTSE 250 industrial distribution business which operates in 32 countries worldwide. Before joining Electrocomponents plc Simon worked at Diageo for over 12 years, holding a variety of senior international commercial finance roles. Prior to this he was a member of the corporate finance team at Hill Samuel Bank. Simon qualified as a Chartered Accountant in 1985 with Price Waterhouse and has an Economics degree from the University of Cambridge.\n \nSimon is also a Non-Executive Director and Chairman of the Audit Committee at Michael Page International PLC, the FTSE 250 international specialist recruitment group.\n \nCommenting on the appointment Paul Forman, Group Chief Executive, said: \n \n'We are very pleased to welcome Simon to Coats. He has extensive international operations, emerging markets and digital experience, an ideal fit for Coats given our global footprint and leading market positions. I am confident Simon will continue to drive the improvements we have made to our financial capabilities and support Coats in delivering our growth strategy.'\n \nNo further information is required to be disclosed pursuant to Listing Rule 9.6.13.\n \n \n \n_________________________________________________________________________________________\n \nEnquiry details\nInvestors Jaideep Thatai Coats Group plc +44 (0)20 8210 5086\nMedia UK &nb...