Surface Transforms
plc
("Surface Transforms" or the
"Company")
CFO
retirement
Surface Transforms (AIM:SCE),
manufacturers of carbon fibre reinforced ceramic automotive brake
discs, announces that Isabelle Maddock has informed the Board of
her intention to retire effective 30 June 2025.
To facilitate a successful handover
and continuity, the Board is pleased to announce the appointment of
Steven Harrison as Interim Chief Financial Officer (non-PLC board),
effective 17 March 2025. Steven is a seasoned finance professional
with over 20 years in CFO roles based in the UK and Internationally
and has a broad range of business experience including IPOs,
M&A, public and private companies as well as situations with
challenging business environments. Steven joins Surface Transforms
from Aurorium, a PE backed global manufacturer of speciality
chemicals where he was interim European CFO, prior to which he was
CFO at Saietta Group plc.
Isabelle Maddock said: "It has been
a privilege to serve as CFO of Surface Transforms, but now is the
right time for me to focus on starting a new phase of my
life."
Kevin Johnson said: "We thank
Isabelle for her dedicated service and wish her well in her
retirement. We are delighted to welcome Steven and are confident
that his experience will enhance the ability of the Company to
secure a positive future."
For
enquiries, please contact:
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Surface Transforms plc
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+44
151 356 2141
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Ian Cleminson, Interim
Chairman
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Kevin Johnson CEO
Isabelle Maddock, CFO
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Zeus
(Nominated Adviser and Broker)
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+44
203 829 5000
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David Foreman / James Edis
(Investment Banking)
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Dominic King (Corporate
Broking)
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About Surface Transforms
Surface Transforms plc. (AIM:SCE) develops and produces
carbon‐ceramic material automotive brake discs. The Company is the
UK's only manufacturer of carbon‐ceramic brake discs, and
only one of two mainstream carbon ceramic brake disc companies in
the world, serving customers that include major OEMs in the global
automotive markets.
The Company utilises its proprietary next generation Carbon
Ceramic Technology to create lightweight brake discs for
high‐performance road and track applications for both internal
combustion engine cars and electric vehicles. While competitor
carbon‐ceramic brake discs use discontinuous chopped carbon fibre,
Surface Transforms interweaves continuous carbon fibre to form a 3D
matrix, producing a stronger and more durable product with improved
heat conductivity compared to competitor products; this reduces the
brake system operating temperature, resulting in lighter and longer
life components with superior brake performance. These benefits are
in addition to the benefits of all carbon‐ceramic brake discs vs. iron
brake discs: weight savings of up to 70%, longer product life,
consistent performance, reduced brake pad dust and corrosion
free.
The Company holds the London Stock Exchange's Green Economy
Mark.
For additional information please
visit www.surfacetransforms.com
