Carclo : Appointment of Chief Operating Officer

19 February 2019

Carclo plc ('Carclo' or 'the Group')

Carclo plc is pleased to announce that it has appointed Stephen Nixon as Interim Group Chief Operating Officer. This is not a Carclo plc board position. Stephen will have responsibility for all of the operations of the Technical Plastics and LED Technologies Divisions. He will report to Mark Rollins, Executive Chairman.

Stephen has a strong engineering background, with the first 15 years of his career spent at the Ford Motor Company in the UK and Germany. He remained in the automotive industry for the next five years working in European general management roles for Freudenberg, before moving to Renold plc as their Group Operations Director. At Renold, Stephen was responsible for 3,000 employees across 20 countries in a variety of engineering manufacturing operations. Since 2007, Stephen has successfully focussed on undertaking interim CEO and COO roles for a range of underperforming engineering businesses, including automotive and lighting businesses. He is a fluent German speaker.

Commenting on the appointment, Mark Rollins, Executive Chairman said:

'Stephen's experience is extremely well matched to the immediate needs of Carclo and I am convinced he will successfully lead the Group's operations in making sustained improvements for the benefit of customers, employees and shareholders alike'.

Enquiries:
Carclo plc	01924 268040
Richard Ottaway, Company Secretary