{"id":4903,"date":"2016-02-09T04:00:20","date_gmt":"2016-02-09T04:00:20","guid":{"rendered":"http:\/\/coats.com\/?post_type=news_post_type&#038;p=4903"},"modified":"2023-11-22T09:55:31","modified_gmt":"2023-11-22T09:55:31","slug":"coats-board-change","status":"publish","type":"news_post_type","link":"https:\/\/www.coats.com\/de\/news\/2016\/02\/coats-board-change\/","title":{"rendered":"Coats Board change"},"content":{"rendered":"<p>Coats, the world\u2019s leading industrial thread and consumer textile crafts business, announces that Executive Director and Chief Financial Officer, Richard Howes, has informed the Board of his decision to leave the Company in order to take up the role of Chief Financial Officer at Inchcape plc.<\/p>\n<p>Richard, who joined as Chief Financial Officer in 2012 and was appointed a Director in March 2015 when the company was renamed as Coats Group plc, will remain Chief Financial Officer and a Director of Coats until 6 April 2016.\u00a0 Coats has initiated a search to appoint a replacement.<\/p>\n<p>Paul Forman, Group Chief Executive, Coats said: \u2018The Board and Management team are extremely grateful for the contribution Richard has made to Coats over the past four years.\u00a0 He has greatly supported the business in delivering profitable sales growth and put the Company in a sound financial position.\u00a0 We wish Richard every success in the future.\u2019<\/p>\n<p>Coats announces its preliminary full year results on 25 February 2016.<\/p>\n<p><strong>ENDS<\/strong><\/p>","protected":false},"excerpt":{"rendered":"<p>Coats Executive Director and Chief Financial Officer, Richard Howes has informed the board he will leave the Company to take up the role of Chief Financial Officer at Inchcape plc.<\/p>","protected":false},"featured_media":0,"template":"","news-type":[149,151],"class_list":["post-4903","news_post_type","type-news_post_type","status-publish","hentry","news-type-group","news-type-people"],"acf":[],"yoast_head":"<!-- This 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