Business
Board appointment and change in Company Secretary
Board appointment and change in Company Secretary.
About this update from Velocity Composites Plc
[{"type":"text","content":"\n \n \n RNS Number : 0791V\n Velocity Composites PLC\n 04 August 2020\n \n \n \n \n 4 August 2020\n \n \n \n \n \n VELOCITY COMPOSITES PLC\n \n \n (the \"Company\")\n \n \n \n \n \n Board appointment\n \n \n Change of Company Secretary\n \n \n \n \n \n Velocity Composites plc (AIM: VEL.L), the leading supplier of advanced composite material kits to the aerospace market, is pleased to announce the appointment of Chris Williams as Group Finance Director with effect from today. Andrew Hebb, who has been the Company's Interim Finance Director and Company Secretary since January 2019, will remain available to provide an orderly hand over.\n \n \n \n \n \n Chris brings a broad range of experience, most recently in the position of Finance and Commercial Director at Bettys Café Tea Rooms, part of the Bettys & Taylors Group Ltd, which also owns and operates Yorkshire Tea and Taylors of Harrogate coffee. Previously he has held strategic and divisional finance roles at the engineering group Caparo Industries plc, Shazans the food company and 2 Sisters Food Group, where he worked closely with its Directors on new business starts and growth initiatives.\n \n \n \n \n \n After achieving his Masters Degree from Birmingham University with an MSci (Physics), Chris qualified as a Chartered Accountant with KPMG in 2010, and then remained with KPMG as a Management Consultant, specialising in Corporate Finance and M&A work. Chris has no interests in the Company's issued share capital.\n \n \n \n \n \n The Company also announces that Adam Newton, Velocity's Group Financial Controller, has been promoted to Company Secretary. Adam is a Certified Accountant, who joined Velocity shortly before the Company's IPO, gaining a strong knowledge of the business and is a key member of the management team.\n \n \n \n \n \n \n Andy Beaden, Chairman, commented:\n \n \n \n \n \n \n \"The Board is pleased to make these announcements which is another key step in the building of the new dynamic management team, with a broader spread of skills to drive growth. \n \n \n \n \n \n \"We are grateful for Andrew Hebb's support as a seasoned interim and wish him well in his next venture.\" \n \n \n \n \n \n Christopher (Chris) Williams, aged 36, has held no other directorsh...