Scapa Group Plc - Directorate Change

Following a thorough and wide reaching search, the Board is delighted to announce the appointment of Oskar Zahn as Chief Financial Officer, with effect from 1 October 2018.  Oskar was most recently the Chief Financial Officer of Spearhead International, one of the largest agricultural producers in the EU, with revenues of approximately €300 million, having joined the business as its Chief Financial Officer in September 2008.  During his tenure, Spearhead doubled in size through 22 acquisitions and organic growth.  Prior to Spearhead, he held leadership roles at Telefex, British Airways and Georgia-Pacific.

 

Graham will remain with the Company until 30 November 2018 and work through an orderly transition with Oskar.

 

Heejae Chae, Scapa's Chief Executive, said:

 

"On behalf of the Board, I would like to thank Graham for his contribution to the Company and we wish him all the best in his future activities.

 

"I am delighted to welcome Oskar to the role of Chief Financial Officer at Scapa. His breadth of knowledge and experience in the various industry sectors will be of great value to the Company as we pursue our strategy for growth."