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Coats Group plc ( (GB:COA) ) has provided an update.
Coats Group plc has announced the succession of its Group Chief Financial Officer, with Jackie Callaway set to step down in May 2025, and Hannah Nichols appointed as her successor. Nichols, who brings extensive experience from Hill & Smith PLC and BT Group, will join the executive team to continue advancing Coats’ strategic goals. This leadership change is expected to support Coats’ ongoing growth and innovation in the textile industry, reinforcing its position as a leader in sustainable and performance-driven solutions.
More about Coats Group plc
Coats Group plc is a leading global manufacturer specializing in thread manufacturing and structural components for apparel and footwear, also pioneering in performance materials. Headquartered in the UK, Coats is a FTSE250 company, renowned for its innovative, sustainable solutions. It serves various industries including apparel, footwear, automotive, and telecoms, operating in over 50 countries with more than 15,000 employees. Committed to sustainability, Coats aims for net-zero by 2050 and actively participates in global initiatives for diversity, equity, and environmental responsibility.
YTD Price Performance: -0.53%
Average Trading Volume: 2,749,492
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £1.49B
Learn more about COA stock on TipRanks’ Stock Analysis page.
