CT Automotive appoints Geraint Davies as an Independent Non-Executive Director

CT Automotive
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CT Automotive Group plc (LON:CTA), a leading designer, developer and supplier of interior components to the global automotive industry, has announced the appointment of Geraint Davies as an Independent Non-Executive Director.

Geraint will be joining the Board on 18 September 2023 and will become Chair of the Company’s Audit and Risk Committee at the same time, subject to the satisfactory completion of due diligence by the Company’s Nominated Adviser, Liberum Capital Limited.   

Geraint is a Chartered Accountant with over 30 years’ experience as a Partner in the “Big Four” accounting firms, working principally with global businesses in manufacturing, real estate, mining, distribution and financial services. Prior to his appointment, Geraint held senior leadership roles in EY’s practices in the Channel Islands, the  UK,  and most recently in Malta. He has also previously held roles with PwC and Deloitte. Throughout his career, Geraint has had specific responsibility for risk, both at regional and national level, as well as leading on talent development and senior recruitment. Geraint holds a degree in Economics and Accounting from Bristol University.

Raymond Bench, Chairman of CT Automotive, said:

“We are delighted to welcome Geraint Davies to the Board and look forward to working with him. Geraint’s experience of working in multi-cultural teams and geographies combined with his strong assurance and accounting credentials are an excellent fit for CT Automotive, and will complement the current mix of skills and experience on our Board.”

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CT Automotive Group plc (LON:CTA) has issued a trading update, announcing its return to profit in FY23 and expecting revenue of not less than $140 million. The group's balance sheet has also strengthened, and it enters FY24 with strong order volumes and visibility of future revenue.

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