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IN BRIEF: Carclo shares down as division CFO Bedford promoted to CFO

15th Nov 2022 13:56

Carclo PLC - West Yorkshire-based plastic parts manufacturer - Promotes David Bedford to chief financial officer and names him as a director, effective from yesterday, as CFO and director Phil White steps down. Says White will retire in June next year to ensure a smooth transition.

Bedford joined Carclo in September as the CFO of its Technical Plastics division. He was most recently the group finance director of the Sheffield, England-based security systems company Synectics PLC from 2020 to 2022.

Last month, Frank Doorenbosch was hired as Carclo's new chief executive officer.

Current stock price: 15.62 pence, down 4.5% on Tuesday in London

12-month change: down 64%

By Xindi Wei; [email protected]

Copyright 2022 Alliance News Limited. All Rights Reserved.


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