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Vesuvius Reports Changes To Board Representation Of Shareholder Cevian

4th Dec 2019 17:26

(Alliance News) - Vesuvius PLC, which supplies products to the steel and foundry industries, said Wednesday that Christer Gardell has stepped down as a non-executive director, following seven years of service on the board.

Gardell is a managing partner of Cevian Capital, Vesuvius's largest shareholder.

The company said it has appointed Friederike Helfer, who is also a partner of Cevian Capital, to its board, providing continuity of representation of Cevian.

Shares in Vesuvius closed at 454.80 pence each in London on Wednesday.

By Tapan Panchal; [email protected]

Copyright 2019 Alliance News Limited. All Rights Reserved.


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Vesuvius
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