Stelrad Group plc
Appointment of
Senior Independent Director
Stelrad Group plc ("Stelrad" or "the
Group" or "the Company", LSE: SRAD) is pleased to announce the
appointment of Katherine Innes Ker as Senior Independent Director.
Katherine has been appointed as Chair of the Nomination Committee
and as a member of both the Remuneration and Audit & Risk
Committees.
Katherine, who will join the
Board on 1st February 2024, is a highly regarded
Non-Executive Director, Senior Independent Director and Chair, with
extensive board experience across a range of sectors. Katherine is
Chair of the Mortgage Advice Bureau plc, Senior Independent
Director and Chair of the Remuneration Committee of Forterra plc,
and is a Non-Executive Director of Ground Rents Income Fund
plc.
Bob
Ellis, Chair of Stelrad, said:
"I
am delighted to welcome Katherine to the Board and look forward to
her contribution to support the delivery of the Company's strategy.
Katherine brings significant listed company board experience in a
Non-Executive capacity, and her appointment will further strengthen
the Board."
Katherine has held the following
directorships in the past five years:
- Senior
Independent Director at Go-Ahead Group plc
-
Non-Executive Director at Vistry Group plc
The Company can confirm that there
is no further information to disclose in respect of Listing Rule
9.6.13.
Enquiries
Stelrad Group plc
Trevor Harvey, Chief Executive
Officer
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+44 (0)191 261 3301
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Powerscourt
James White / Pete Lambie
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+44 (0)7855 432 699
stelrad@powerscourt-group.com
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Notes to Editors
Stelrad Group plc is Europe's leading specialist
radiator manufacturer, selling an extensive range of hydronic,
hybrid, dual fuel and electrical heat emitters to more than 500
customers in over 40 countries. These include standard, premium and
low surface temperature (LST) steel panel radiators, towel warmers,
decorative steel tubular, steel multicolumn and aluminium
radiators.
The Group has five core brands: Stelrad, Henrad,
Termo Teknik, DL Radiators and Hudevad. In the data reported
by BRG Building Solutions for 2022, Stelrad moved into a market
leadership position, with 18.8% share by volume of the combined UK,
European and Turkish steel panel radiator market. The Group
is now market leader in seven countries - the UK, Ireland, France,
the Netherlands, Belgium, Denmark and Greece, with a top 3 position
in a further nine territories..
Stelrad is headquartered in Newcastle upon Tyne in
the UK and in 2023 employed 1,400+ people, with manufacturing and
distribution facilities in Çorlu (Turkey), Mexborough (UK),
Moimacco (Italy) and Nuth (Netherlands), with further commercial
and distribution operations in Kolding (Denmark) and Krakow
(Poland).
The Group's origins date back to the 1930s and
Stelrad enjoys long established commercial relationships with many
of its customers, having served each of its top five current
customers for over twenty years.
Further information can be found at:
https://stelradplc.com/.