25 February 2010
Metalrax Group PLC ("Metalrax" or the "Group")
Appointment of Chairman
Metalrax, the niche supplier of specialist engineering and consumer durable products, is pleased to announce the appointment of Stephen Boyd as Non-executive Chairman of Metalrax Group PLC with effect from the 1st March 2010. Stephen Boyd will replace John Crabtree, OBE, who has chaired the board since 2003. John will step down from the board on 31st March 2010.
Stephen Boyd, a chemical engineer aged 60, currently holds a number of non executive positions including Pure Wafer plc (AIM listed), Pittards plc (AIM listed) and Chaucer Foods Limited. He spent the formative years of his executive career at Thorn Electrical Industries Plc, BOC Group PLC and Courtaulds PLC in operational roles. His last executive role was as group chief executive of Capital Industries PLC, the £100m turnover label and containers business which he left in 1999.
Andrew Richardson, Chief Executive of Metalrax, said:
"On behalf of the Board, I would like to thank John Crabtree for his significant contribution to Metalrax over the last 7 years, not least for his invaluable assistance in completing the Group's refinancing during 2009. I am delighted to welcome Stephen Boyd to Metalrax. His extensive experience will prove invaluable in continuing to drive the business forward."
Enquiries:
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Metalrax Group PLC
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+44 (0) 121 433 3444
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Andrew Richardson, Chief Executive
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Arden Partners plc
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Steve Douglas
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+44 (0) 121 423 8943
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Matthew Armitt
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+44 (0) 20 7614 5924
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