Directorate Change
Eurocell plc has announced immediate changes to its leadership, with Darren Waters stepping down as Chief Executive Officer and Will Truman appointed as the new CEO. To ensure continuity during this critical year, Michael Scott will postpone his retirement and continue as Chief Financial Officer while a permanent replacement is sought. The company thanked Mr. Waters for his three years of leadership, which included the acquisition of Alunet and expansion of window and door sales.
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Eurocell plc, the leading UK manufacturer and distributor of door and window products to the trade, today announces that Darren Waters will step down as Chief Executive Officer (CEO) with immediate effect. The Board believes that to achieve our strategic objectives in this critical year it is in the best interests of the Company to have surety of leadership and a seamless handover, therefore the Board has appointed Will Truman as CEO commencing immediately.
Will Truman vacates his role as CFO Designate. Michael Scott has agreed to postpone his retirement and continue as CFO, whilst the Board commences a full and rigorous recruitment process to identify a permanent CFO for the business.
Derek Mapp, Chair, commented: "On behalf of myself and the Board, I would like to thank Darren for his leadership over the last 3 years, which included the acquisition of Alunet and the expansion and growth of window and door sales through the branches. He has contributed significantly to the culture change we are undertaking in the business. We wish him well in his future endeavours."
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.