8th Jun 2016 07:45
LONDON (Alliance News) - Coral Products PLC on Wednesday said it has appointed a new chief executive, meaning its chairman will become non-executive.
Coral, which makes injection-moulded plastic products, said Robert Zandona has become CEO with immediate effect. He is the former managing director of the UK, France and Germany arms of Lindal, the German valves, actuators and spraycaps maker.
With Zandona's appointment, Joe Grimmond will switch to being non-executive chairman.
Shares in Coral were untraded on Wednesday morning, having last traded at 20.00 pence.
By Sam Unsted; [email protected]; @SamUAtAlliance
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