16 July 2024
Macfarlane Group PLC
("Macfarlane", or the "Group")
Appointment of Non-Executive Director
The Board of Macfarlane Group PLC announces the appointment of David Stirling as a non-executive director with effect from 1 January 2025, following the retirement of Bob McLellan.
David recently retired as Group CEO of Zotefoams plc, a manufacturer of cellular specialist materials and listed on the London Stock Exchange. During his 24 years as CEO, the business grew significantly through innovation in foam products and investment in new sites in Europe, North America and Asia. David trained as a Chartered Accountant in Scotland, undertaking overseas assignments with PwC, before joining Zotefoams as Finance Director in 1997.
Aleen Gulvanessian, Chair of Macfarlane Group, said: "It's my pleasure to welcome David to the Board of Macfarlane. I am confident that his extensive listed company experience and exposure to the protective packaging industry will be of significant benefit to the business."
There are no other disclosures required under LR9.6.13 of the Listing Rules in relation to this appointment.
Further enquiries:
| Macfarlane Group | Tel: 0141 333 9666 |
| Peter Atkinson - Chief Executive | |
| Ivor Gray - Group Finance Director | |
| Spreng Thomson | Mob: 07803 970103 |
| Callum Spreng | |
Legal Entity Identifier (LEI): 213800LVRYDERSJAAZ73
Notes to Editors:
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- Macfarlane Group PLC has been listed on the Premium segment of the Main Market of the London Stock Exchange (LSE: MACF) since 1973 with over 70 years' experience in the UK packaging industry.
- Through its two divisions, Macfarlane Group services a broad range of business customers, supplying them with high quality protective packaging products which help customers reduce supply chain costs, improve operational efficiencies and sustainability and enhance their brand presentation. The divisions are:
- Packaging Distribution - Macfarlane Packaging Distribution is the leading UK distributor of a comprehensive range of protective packaging products; and
- Manufacturing Operations - Macfarlane Design and Manufacture is a UK market leader in the design and production of protective packaging for high value and fragile products.
- Headquartered in Glasgow, Scotland, Macfarlane Group employs over 1,000 people at 40 sites, principally in the UK, as well as in Ireland, Germany and the Netherlands.
- Macfarlane Group supplies more than 20,000 customers, principally in the UK and Europe.
- In partnership with 1,700 suppliers, Macfarlane Group distributes and manufactures 600,000+ lines supplying to a wide range of sectors, including: retail e-commerce; consumer goods; food; logistics; mail order; electronics; defence; medical; automotive; and aerospace
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