IN BRIEF: Strix taps former Nemark Security exec Andy Rainforth as CEO
Strix Group PLC - Ronaldsway, Isle of Man-based supplier of kettle safety controls - Appoints Randy Rainforth as chief executive officer from July 13. Rainforth has over 30 years of international business leadership experience, having served as chief commercial officer of A-Safe Ltd, a private-equity backed safety barriers maker. He also worked as managing director and commercial lead at Grosvenor Technology Ltd, a subsidiary of Newmark Security PLC, a London-based security and workforce management company. At Strix, he will replace Mark Bartlett, who departed last month. Strix Chair Gary Lamb says of Rainforth: ‘His extensive experience in driving growth, operational excellence, and value creation makes him the ideal leader to guide Strix through its next phase of its evolution.’
Current stock price: 38.10 pence each, down 0.3% midday Thursday in London
12-month change: down 18%
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