Paper specialist James Cropper names new Director

AIM-listed specialist paper and advanced materials group James Cropper has appointed Martin Thompson as a director of the company and as Managing Director of Technical Fibre Products, with effect from June 10th 2013.

AIM-listed specialist paper and advanced materials group James Cropper has appointed Martin Thompson as a director of the company and as Managing Director of Technical Fibre Products, with effect from June 10th 2013.

In both roles, Thompson succeeds George Quayle, who will retire from the company and the board on July 31st 2013.

Quayle joined the company in 1992, becoming Managing Director of Technical Fibre Products in 1996 and joined the board of the company in 1998.

Thompson joined the company in 2003 as General Manager of James Cropper Converting and was appointed Managing Director of James Cropper Converting in 2007.

Since this time, the company said that James Cropper Converting had performed well by expanding its customer base, implementing capital investment programmes and delivering sustained sales and earnings growth.

Phil Wild, Chief Executive Officer of James Cropper, said: "I would like to take the opportunity to sincerely thank George Quayle for his enormous contribution over the years. As Managing Director of Technical Fibre Products he has overseen the growth of a successful advanced materials business that now boasts manufacturing facilities on both sides of the Atlantic.

He added: "I look forward to welcoming Martin Thompson to the Board of the Company and as Managing Director of Technical Fibre Products. He brings a proven track record for delivering growth, and has a strong commercial, operational & technical background together with a good appreciation of the Company's culture."

James Cropper's share price was unchanged at 245p at 11:20 on Friday.

MF

Recommended

Britain’s ten most-hated shares – w/e 1 July
Stocks and shares

Britain’s ten most-hated shares – w/e 1 July

Rupert Hargreaves looks at Britain's ten most-hated shares, and what short-sellers are looking at now.
4 Jul 2022
Britain’s most-bought shares w/e 1 July
Stocks and shares

Britain’s most-bought shares w/e 1 July

A look at Britain’s most-bought shares in the week ending 1 July, providing an insight into how investors are thinking and where opportunities may lie…
4 Jul 2022
M&G offers a solid 10.1% yield – but future growth is uncertain
Share tips

M&G offers a solid 10.1% yield – but future growth is uncertain

Financial services group M&G has one of the highest dividend yields in the FTSE 100. But it’s a complicated company, and a tough one to analyse, says …
4 Jul 2022
How to boost your income as dividends come back in fashion
Income investing

How to boost your income as dividends come back in fashion

Dividends are back in fashion. But how do you go about building an income-generating portfolio?
4 Jul 2022

Most Popular

Ray Dalio’s shrewd $10bn bet on the collapse of European stocks
European stockmarkets

Ray Dalio’s shrewd $10bn bet on the collapse of European stocks

Ray Dalio’s Bridgewater hedge fund is putting its money on a collapse in European stocks. It’s likely to pay off, says Matthew Lynn.
3 Jul 2022
UK house prices are definitely cooling off – but are they heading for a fall?
House prices

UK house prices are definitely cooling off – but are they heading for a fall?

UK house prices hit a fresh high in June, but as interest rates start to rise, the market is cooling John Stepek assesses just how much of an effect h…
30 Jun 2022
Persimmon yields 12.3%, but can you trust the company to deliver?
Share tips

Persimmon yields 12.3%, but can you trust the company to deliver?

With a dividend yield of 12.3%, Persimmon looks like a highly attractive prospect for income investors. But that sort of yield can also indicate compa…
1 Jul 2022