IN BRIEF: Carclo shares down as division CFO Bedford promoted to CFO

Archived article

Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.

Carclo PLC - West Yorkshire-based plastic parts manufacturer - Promotes David Bedford to chief financial officer and names him as a director, effective from yesterday, as CFO and director Phil White steps down. Says White will retire in June next year to ensure a smooth transition.

Bedford joined Carclo in September as the CFO of its Technical Plastics division. He was most recently the group finance director of the Sheffield, England-based security systems company Synectics PLC from 2020 to 2022.

Last month, Frank Doorenbosch was hired as Carclo's new chief executive officer.

Current stock price: 15.62 pence, down 4.5% on Tuesday in London

12-month change: down 64%

Copyright 2022 Alliance News Limited. All Rights Reserved.