Surface Transforms Plc (SCE.L), a manufacturer of carbon fiber reinforced ceramic automotive brake discs, announced on Monday the appointment of Andrew Kitchingman as non-executive chair, with immediate effect.
Kitchingman succeeds David Bundred, who will step down as chair and retire from the Board with immediate effect, after his service over the last twelve years.
The new chair has been non-executive chair of Mpac Group plc since 2016, and also a non-executive director of Andrew Sykes Group plc and London Security Group plc.
Previously, he spent many years in corporate finance, working for both consultancy firms and stockbrokers, including KPMG, Hill Samuel, Albert E Sharp, Brewin Dolphin and WH Ireland.
Kitchingman, new chair, said, "The company has excellent technology and plenty of demand for its products. The short-term priorities will focus on operational excellence, efficiency and tight management of working capital."
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