CT Automotive recently announced Board changes,
- Simon Phillips moves from his current role as Executive Chairman to become CEO replacing Scott McKenzie who steps down from the Board to the role of COO of Sales and Product Development;
- Raymond Bench, currently Independent Director, is appointed as Non-Executive Chairman;
- Francesca Ecsery, currently an Independent Director, is appointed as Senior Independent Non-Executive Director.
In addition, Nick Timberlake is joining the Board as a Non-Executive Director and appointee of Otus Capital Management Limited, effective immediately.
CT Automotive plc (LON:CTA) designs, develops and manufactures automotive interior finishes and complex kinematic assemblies for the most well-known automotive brands on the planet. These critical components are managed through an intricate global network of reactive supply chains to arrive JIT (Just in Time) at their respective OEM manufacturing plants.