7th Sep 2009 07:00
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7 September 2009
Scapa Group plc
Board Retirement and Appointment
Scapa announces that Calvin O'Connor, the Group Chief Executive, has advised the Board of his intention to retire at the end of 2009. Calvin joined Scapa in October 2005 at a very difficult time for the Company. He has been instrumental in restructuring the Group and putting it on a firm foundation for future growth.
Scapa is pleased to announce the appointment of Heejae Chae as an Executive Director with effect from 7 September 2009 and Chief Executive designate. Heejae has extensive experience in working with global customers and the manufacturing industry on a worldwide basis. For the last three years Heejae has been Chief Executive of Volex Group Plc.
Commenting on the appointment James Wallace, Chairman of Scapa, said:-
"The Board recognises the significant contribution made by Calvin and thanks him for his work at Scapa, and wishes him well in his forthcoming retirement from executive life. I am delighted to welcome Heejae to the Board of Scapa. He has a strong combination of industrial and financial experience which will contribute to the ongoing improvement in the performance of Scapa".
A separate announcement will be made containing the disclosures pursuant to the AIM Rules.
For further information please contact:-
James Wallace Scapa Group plc Tel: 0161 301 7430
Christopher Hardie Arden Partners Tel: 0207 398 1639
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