Business
Appointment & retirement of non-executive director
Appointment & retirement of non-executive director.
About this update from Trifast Plc
[{"type":"text","content":"\n\n \n\n \nLondon: Monday, 11 March 2024\n \n \nTRIFAST PLC\n(Trifast, Group or Company)\n \nLeading international specialist in the design, engineering, manufacture, and distribution\nof high-quality industrial fastenings and Category 'C' components principally to major global assembly industries\n \n \nDirectorate change\n \nAppointment and retirement of a Non-Executive Director\n \n \nTrifast is pleased to announce the Board appointment of Laura Whyte as a Non-Executive Director and Chair of the Remuneration Committee effective from 11 March 2024.\n \nLaura, having worked in a number of organisations within the listed, private and charitable sectors, is an experienced operational and non-executive director with a strong focus on brand, customer and workforce engagement and ESG.\n \nPrior to building her NED portfolio Laura spent her executive career within the John Lewis Partnership and held various senior management roles including being a member of the John Lewis Management Board; in her last six years at the Partnership, she was HR Director and held the brief for Internal Communications. \n \nLaura's other listed non-executive appointments include the UK property REIT, Capital and Regional plc and Macfarlane Group plc, leading designers and manufacturers of protective packaging through its distribution channels in the UK, Ireland and Europe. She is also a Trustee and at The Royal Naval College, Greenwich.\n \nAs previously announced on 12 October 2023, Claire Balmforth informed the Board of her intention to step down and retire from the Company once a suitable candidate has been appointed. Following Laura's appointment, it has been agreed that after a short transition period Claire will retire at the end of the current financial year ending 31 March 2024.\n \nCommenting on the changes, Serena Lang, Chair at Trifast said:\n \n\"On behalf of everyone at the Company we welcome Laura to the business; she has had a successful career with a particular focus on people and we believe that her extensive leadership experience and skills will further enhance the leadership team's capabilities. The Board and I look forward to working together with Laura as we focus on moving forward with our strategy.\"\n\"Also, on behalf of all my colleagues a...