Directorate Change
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CT Automotive, a leading designer, developer and supplier of interior components to the global automotive industry, announces that Francesca Ecsery has informed the Board she wishes to step down from her role as Non-Executive Director, to provide more time for her multiple board and committee roles. Francesca will remain on the Board until 31 December 2024, having successfully completed a 3 year term.
Francesca's position as Chair of the Remuneration Committee will be taken up by Raymond Bench from 1 January 2025. The Company is not intending to seek an immediate replacement but will instead keep the composition of the Board under review.
Raymond Bench, Chairman of CT Automotive, said:
"On behalf of the Board, I would like to thank Francesca for her excellent contribution over the last three years since the Company joined AIM. She has played an important role both when the business had to navigate considerable change and in helping to move to the very strong position it is in today with substantial growth opportunities ahead. We wish her well."
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