New chair at FTSE-100 manufacturer Spirax Group
Tim Cobbold has become chair of Spirax Group in the second phase of leadership changes at the Cheltenham manufacturer.
The move follows the appointment of Nimesh Patel as group chief executive last year.
The FTSE-100 group had a challenging 2024, with its half-year profits down 10%, while its share price lost 30% of its value over the year.
Cobbold replaces Jamie Pike, who has retired after 10 years on the board, the last six as chair.
Cobbold joined the group in September 2024 as a non-executive director and chair-designa... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
