Directorship Change for James Cropper plc
James Cropper plc, a global market leader in advanced materials, luxury packaging and paper products, announces that Isabelle Maddock has resigned from the Board and from her role as Chief Financial Officer (CFO) with immediate effect.
Steve Adams, CEO of James Cropper, paid tribute to the contribution that Isabelle has made to the business over the past 17 years:
“Isabelle joined the Group in 2006, has been CFO since 2014, and has been a valued member of the Board and leadership team throughout her years of service to James Cropper. Isabelle has played an important role in protecting the business through challenging times, including the Covid pandemic, as well as creating the financial strength and discipline that will enable James Cropper to continue to deliver the ambitious growth strategy. I want to personally thank Isabelle for her hard work and dedication during this period, and I wish her all the very best for the future."
It has been a privilege to be CFO of James Cropper over the last 9 years and to have been instrumental in navigating the Company through many challenging years whilst shaping where we focus and grow. James Cropper has a hugely bright future and is well positioned to create long term value for its shareholders.Isabelle Maddock said:
Further to this announcement, James Cropper is pleased to also announce the appointment of Andrew Goody as Chief Financial and Operations Officer (CFOO). Andrew is expected to join the Company and the Board of Directors this coming autumn after completing his period of notice. Andrew’s appointment is subject to the usual regulatory approval and a further announcement will be made in due course.
Andrew has over 20 years’ experience as a Finance Director across a variety of sectors. He is currently the Finance Director for Bibby Marine and previously worked at Garic, Bibby Group’s plant hire business, during which time the business saw revenue growth of 80% and more than doubled EBITDA.
Prior to Bibby, Andrew worked as Finance Director for TJ Hughes. He spent the early years of his career and qualified as a chartered accountant with KPMG. Andrew has a proven track record in developing and delivering successful investment strategies as well as improving working capital. He has extensive financial, commercial, M&A and business transformation experience.
I am delighted that Andrew will be joining James Cropper as CFOO, and I look forward to working with him. Andrew’s extensive experience in financial, commercial and business transformation will be a great addition to the senior team as James Cropper delivers on its growth strategy.Steve Adams, Chief Executive Officer, commented:
I'm really pleased to be joining James Cropper and look forward to working with the team to build upon the strong foundations in place as it delivers on its exciting strategy for accelerated revenue and profit growth.Andrew Goody commented:
