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%

Copyright 2023 Alliance News Ltd. All Rights Reserved.