Business
Appointment of new Chief Finance Officer
Appointment of new Chief Finance Officer.
About this update from Surface Transforms Plc
[{"type":"text","content":"\n\n19 June 2023\nSurface Transforms plc\n(\"Surface Transforms\" or the \"Company\") \nAppointment of new Chief Finance Officer\nSurface Transforms plc (AIM:SCE) manufacturers of carbon fibre reinforced ceramic automotive brake discs, is pleased to announce the appointment of Isabelle Maddock as Chief Financial Officer (\"CFO\") and an Executive Director of the Board. Isabelle will join the Company on 4 September 2023.\nIsabelle joins Surface Transforms from James Cropper plc, where she was CFO for the past nine years. Isabelle has 30 years of experience in finance across a variety of sectors and is a fellow of the Chartered Institute of Management Accountants. During her 17-year tenure at James Cropper plc, an advanced materials and paper products manufacturing group, she held senior financial positions before promotion to their board of directors in 2014.\nIsabelle's appointment to Surface Transforms strengthens both the Company's senior management team and the Board as the Company continues to focus on delivering its current expansion plan and financial transformation. This includes converting its £290m (lifetime value) order book into sales and its £393m (lifetime value) prospective contract pipeline into further new orders.\nIsabelle Maddock currently holds no shares in the Company. Her directorships, over the past five years, which all relate to James Cropper plc and its subsidiaries are listed below.\nKevin Johnson, CEO of Surface Transforms said \"We are delighted to welcome Isabelle to the board of Surface Transforms, her drive and financial leadership along with the strategic, governance and manufacturing experience she brings are well suited to our current and anticipated rapid growth. We look forward to working with Isabelle as the Company executes its plans.\" \nIsabelle Maddock said \"I am thrilled to be joining Surface Transforms. I have been following the Company's progress for some time and I am very impressed with its environmentally cleaner, lighter, more durable, high performance braking technologies, and strong growth potential. My experience in finance and manufacturing can help Surface Transforms to continue to achieve its goals and I look forward to working with the rest of the management team and talented wo...