Blackburn-headquartered toilet roll maker Accrol has appointed Dan Wright as its new executive chairman moving from independent non-executive director with immediate effect.
Wright, replaces Peter Cheung, who stepped down from the board as executive chairman with effect from 3 February 2018 and has left the company to focus on his other roles.
Peter Cheung said: “Having overseen the appointment of our new CEO, Gareth Jenkins, Dan Wright as NED and the strengthening of the management team, I remain optimistic about the future of the business. I would like to thank our customers, shareholders, and the board for their support.”
The company has also announced that Martin Leitch, who joined the operational board on 20 November 2017, has been appointed to the board as interim chief financial officer with immediate effect.
Leitch is an international finance executive with almost 40 years’ experience in both publicly quoted and private equity owned groups. He is a chartered accountant and has over the last five years provided finance, strategy, corporate finance and other services to a number of international businesses, including Volac International and Constantia Flexibles. Prior to this period he was chief financial officer at Innovia Films, Quest International and Antalis Group.
He began his corporate career at Pepsi-Cola International in 1993, having worked for Price Waterhouse in both the UK and US between 1979 and 1993.
The company is currently in the process of searching for a permanent chief financial officer.