Business
Appointment of Non-executive Director
Appointment of Non-executive Director.
About this update from Kromek Group Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 4438B\n Kromek Group PLC\n 08 October 2020\n \n \n \n 8 October 2020\n \n \n Kromek Group plc\n \n \n (\"Kromek\" or the \"Group\")\n \n \n \n Appointment of Non-executive Director \n \n \n Kromek (AIM: KMK), a worldwide supplier of detection technology focusing on the medical, security screening and nuclear markets, announces the appointment of Mr Rakesh Sharma OBE as a Non-executive Director of the Group with immediate effect.\n \n Mr Sharma, aged 59, is a former FTSE 250 CEO with 20 years' experience in running international hi-tech engineering and manufacturing businesses. He was instrumental in the growth of Ultra Electronics Holdings plc, the LSE-listed group that specialises in providing engineering solutions for mission-critical systems in the defence, security, critical detection and control markets. Having joined at its formation in 1993, Mr Sharma presided over significant revenue and profit growth across multiple director-level and divisional roles, including in North America, latterly serving for six years as CEO. He began his career in 1983 in the military radio division of Marconi Communication Systems Ltd. In 1989, he joined Dowty Group as a chief engineer before it was acquired by TI Group in 1992, which a year later became Ultra Electronics Holdings following a management buy-out.\n \n Since 2017, Mr Sharma has sat on the Board of LSE-listed PayPoint plc, a provider of omnichannel payments solutions and EPoS-enabled technologies, where he serves as Senior Independent Director. He also supports a range of small businesses and entrepreneurs in a non-executive capacity. Mr Sharma was elected as a Fellow of the Royal Academy of Engineering in 2016 and was honoured in the 2017 Queen's Birthday Honours List with an OBE for services to defence capability.\n \n \n Sir Peter Williams CBE, Chairman of Kromek, said: \"I am delighted to welcome Rakesh to the Board of Kromek. Throughout a distinguished career in global technology and engineering businesses, Rakesh has successfully channelled innovation to deliver growth and create value. In particular, he brings significant experience in the security and defence sector, which is a key market for Kromek. We look forward to benefiting from his considerable expertise as we continue to advance our business.\"\n ...