Surface Transforms plc (LON:SCE) manufacturers of carbon fibre reinforced ceramic automotive brake discs, has announced the appointment of Isabelle Maddock as Chief Financial Officer (“CFO”) and an Executive Director of the Board. Isabelle will join the Company on 4 September 2023.
Isabelle joins Surface Transforms from James Cropper plc, where she was CFO for the past nine years. Isabelle has 30 years of experience in finance across a variety of sectors and is a fellow of the Chartered Institute of Management Accountants. During her 17-year tenure at James Cropper plc, an advanced materials and paper products manufacturing group, she held senior financial positions before promotion to their board of directors in 2014.
Isabelle’s appointment to Surface Transforms strengthens both the Company’s senior management team and the Board as the Company continues to focus on delivering its current expansion plan and financial transformation. This includes converting its £290m (lifetime value) order book into sales and its £393m (lifetime value) prospective contract pipeline into further new orders.
Isabelle Maddock currently holds no shares in the Company. Her directorships, over the past five years, which all relate to James Cropper plc and its subsidiaries are listed below.
Kevin Johnson, CEO of Surface Transforms said “We are delighted to welcome Isabelle to the board of Surface Transforms, her drive and financial leadership along with the strategic, governance and manufacturing experience she brings are well suited to our current and anticipated rapid growth. We look forward to working with Isabelle as the Company executes its plans.”
Isabelle Maddock said “I am thrilled to be joining Surface Transforms. I have been following the Company’s progress for some time and I am very impressed with its environmentally cleaner, lighter, more durable, high performance braking technologies, and strong growth potential. My experience in finance and manufacturing can help Surface Transforms to continue to achieve its goals and I look forward to working with the rest of the management team and talented workforce to build a successful future.”
Isabelle Maddock (aged 55) holds or has held the following directorships or partnerships in the last five years:
| Current | Last five years |
| – | James Cropper plc |
| TFP Hydrogen Products Limited | |
| James Cropper Germany GMBH | |
| James Cropper Overseas Trading Limited | |
| James Cropper 3D Products Limited | |
| Melmore Company Limited | |
| James Cropper Paper Limited | |
| Technical Fibre Products Limited | |
| The Paper Mill Shop Company | |
| James Cropper Speciality Papers Limited | |
| James Cropper Converting Limited | |
| Tech Fibres Inc | |
| Technical Fibre Products Inc | |
| Electro Fibre Technologies LLC | |
| Metal Coated Fibres Inc | |
| James Cropper (Guangzhou) Trading Co Ltd |
Save as disclosed above, there are no further disclosures to be made in accordance with Rule 17 or Schedule 2(g) of the AIM Rules for Companies.
