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Stelrad Group PLC - Newcastle-based manufacturer and distributor of steel panel radiators - Announces that Chief Financial Officer George Letham will step down from his role before the end of the year in order to retire. Letham will continue in his role until a successor is in place, in order to ensure a ‘smooth’ transfer of responsibilities.
‘George joined the group in 2003 and has been instrumental in improving Stelrad’s market position and financial performance. He played a key role in successfully floating the business on the main market of the London Stock Exchange in November 2021,’ the company says.
Current stock price: 123.00 pence
12-month change: down 43%
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