Norcros Announces Board Changes

Norcros plc, a market leading supplier of high quality and innovative bathroom and kitchen products, announces two changes to the Board that will occur in due course.

On 1 January 2023 Stefan Allanson will join the Board as a Non-Executive Director and Chair (Designate) of the Audit and Risk Committee.

Stefan Allanson is Chief Financial Officer of MJ Gleeson plc, the main-market listed low-cost housebuilder and land promoter, where he has held the role since 2015. Prior to Gleeson, Stefan held senior finance roles at Keepmoat Ltd, Tianhe Chemicals Ltd, The Vita Group Ltd, TheSkillsMarket Ltd and Honda Motor Company.

David McKeith will continue in his role as a Non-Executive Director, and as Chair of the Audit and Risk Committee and will hand over this role to Stefan Allanson when he retires from the Board at the Company's AGM in July 2023.

Commenting on Stefan's appointment, Gary Kennedy, Chair, said "We have conducted a comprehensive recruitment process to find a successor to David McKeith as a Non-Executive Director and in due course, the Chair of the Audit and Risk Committee, and the Board is confident that Stefan, with his extensive and highly relevant skills and experience, will be a capable successor and a strong addition to the Board."

Source : Norcros

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