Stelrad Group plc announces the appointment of Annette Borén as Chief Financial Officer, with effect from 1 November 2023. She will be appointed as an Executive Director of the Board on 22 November 2023. Annette will succeed George Letham, who as announced on 22 May 2023, will retire from his position as Chief Financial Officer and Executive Director of the Company and will step down from the Board on 22 November 2023 following an orderly transition period.

Post this, George will be retained in the capacity of Strategic Advisor to the CEO, on a part-time basis for a 6 month period. Most recently, she was CFO for Northern Europe at Hilti, a world leader in the manufacture of construction tools. Prior to this Annette was CFO for Doro, a Swedish consumer electronics company listed on the Nasdaq Stockholm.