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Leadership Change at Coats Group plc
Company Announcements

Leadership Change at Coats Group plc

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Coats Group plc ( (GB:COA) ) has shared an announcement.

Coats Group plc has announced that Sarah Highfield, a Non-Executive Director, will be transitioning to Auction Technology Group plc as Chief Financial Officer and Executive Director. This move may influence Coats’ board dynamics and reflects the company’s commitment to career development and leadership in the industry.

More about Coats Group plc

Coats Group plc is a global leader in thread manufacturing and structural components for apparel and footwear. It is recognized for its innovation in performance materials, providing solutions for safety, protection, and sustainability. Headquartered in the UK and a constituent of the FTSE250 and FTSE4Good Index, Coats reported a revenue of $1.4 billion in 2023. The company operates in about 50 countries, employing over 15,000 people, and is committed to sustainability and diversity goals, including a net-zero target by 2050.

Average Trading Volume: 2,777,618

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £1.5B

Learn more about COA stock on TipRanks’ Stock Analysis page.

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