CT Automotive plc (LON:CTA), a leading designer, developer and supplier of interior components to the global automotive industry, has announced that Anna Brown will succeed David Wilkinson as Chief Financial Officer of CT Automotive.
Anna joins the Company as Chief Financial Officer-designate today (1 February 2023) and will be appointed to the Board as an Executive Director of the Company on 28 April 2023, subject to the satisfactory completion of due diligence by the Company’s Nominated Adviser, Liberum Capital Limited.
As previously announced, David will remain with the Company until 28 April 2023. This will enable David to support the management of the Company’s year-end financial results as part of an orderly handover.
Anna brings substantial experience in strategic and financial roles in listed companies to CT Automotive. Prior to her appointment, Anna spent eight years at McCarthy & Stone, latterly as Director of Strategic and Corporate Finance and Group Company Secretary, having previously held various roles including Group Financial Controller, Head of Accounting & Reporting, and IPO Project Director. Anna has also held several finance roles at KPMG, and is a Fellow of the Association of Chartered Certified Accountants.
Simon Philips, Executive Chairman of CT Automotive, said:
“The Board is delighted to welcome Anna to CT Automotive. She brings substantial listed company and financial experience to the role that will be invaluable as we continue to execute our growth strategy.”
Anna Brown said:
“CT Automotive has grown to become one of the leading manufacturers of interior car parts for some of the world’s biggest automotive brands. The Company has an exciting future ahead and I am very much looking forward to working with the Board and the senior management team to support the Company’s continued development over the coming years.”
CT Automotive is engaged in the design, development and manufacture of bespoke automotive interior finishes (for example dashboard panels and fascia finishes) and kinematic assemblies (for example air registers, arm rests, deployable cup holders and storage systems), as well as their associated tooling, for the world’s leading automotive original equipment suppliers (“OEMs”) and global Tier One manufacturers.
The Group is headquartered in the UK with a low-cost manufacturing footprint. Key production facilities are located in Shenzhen and Ganzhou, China complemented by additional manufacturing facilities in Mexico, Turkey and the Czech Republic.
