Velocity Composites plc announced the appointment of Adam Holden as Group Finance Director and Company Secretary with effect from 7 December 2022. Adam replaces Chris Williams whose departure was announced on 8 June 2022. Chris will leave the Company on 16 December 2022 following an orderly handover.

Adam has 19 years of experience in the accounting profession, beginning his career at KPMG where he qualified as a Chartered Accountant. At KPMG, he enjoyed a 10-year career auditing and advising a range of blue-chip clients. He joins Velocity from Bright Blue Foods Limited ("Bright Blue Foods"), a wholly owned subsidiary of BBF (Holdings) Limited ("BBF"), where he has been Financial Controller since September 2016.

BBF is a multi-site, private equity backed manufacturer of ambient cakes and other baked goods, supplying the UK's major supermarkets and other retail clients. In Adam's time at Bright Blue Foods, revenue increased to more than £165 million per annum through a combination of acquisitions and organic growth. Prior to joining Bright Blue Foods, Adam was Financial Controller of Arriva Rail North.