Director Appointment
CT Automotive Group PLC has appointed Gary McGrath as an Independent Non-Executive Director, effective immediately. McGrath, a Chartered Accountant with over 30 years of international finance experience, previously served as Group Chief Financial Officer of FTSE-listed Zotefoams plc for ten years. His expertise includes strategic planning, operational finance, treasury, investor relations, and corporate transactions, with extensive experience in financial governance, capital markets, and supporting international growth. McGrath holds no current directorships and has no interest in the company's ordinary shares.
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CT Automotive, a leading designer, developer and supplier of interior components to the global automotive industry, is pleased to announce the appointment of Gary McGrath as an Independent Non-Executive Director, effective immediately.
Gary McGrath is a Chartered Accountant with over 30 years' international finance experience across both listed and private multinational businesses. He has held senior finance leadership roles spanning strategic planning, operational finance, treasury, investor relations and corporate transactions. Most recently, Gary served for ten years as Group Chief Financial Officer of Zotefoams plc, a FTSE-listed world leader in supercritical foams, where he was responsible for the Group's global finance and IT functions and worked closely with the Chief Executive Officer on strategy, capital allocation and shareholder engagement.
Earlier in his career, Gary held a number of senior finance positions within international industrial and manufacturing businesses, working and living in Germany, Belgium and the USA, and gaining broad experience in commercial finance, operational restructuring and business transformation. He brings deep expertise in financial governance, capital markets and supporting growth in international organisations.
Raymond Bench, Chairman of CT Automotive, said:
"I am delighted to welcome Gary McGrath to the Board as an Independent Non-Executive Director. Gary's significant operational and listed company experience will be of great value to the Board, strengthening our strategic planning, governance, and investor relationships."
Regulatory Disclosures
Save for the information set out below, there are no further disclosures to be made in accordance with Rule 17, Schedule Two (g) of the AIM Rules for Companies in respect of the appointment of Gary Christopher McGrath, aged 58.
| Current directorships and partnerships | Past directorships and partnerships (last 5 years) |
| No current directorships | Zotefoams plc Zotefoams U.K. Limited Zotefoams International Ltd Zotefoams Technology Limited Zotefoams Inc. Zotefoams Midwest LLC. MuCell Extrusion LLC. Zotefoams Poland Sp.z.o.o. T-FIT Insulation Solutions India Private Ltd |
Gary Christopher McGrath does not hold any interest in the ordinary shares of the Company.
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