Morgan Advanced Materials names Cobham exec as CEO By Reuters

Morgan Advanced Materials names Cobham exec as CEO

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Morgan Advanced Materials names Cobham exec as CEO

(Reuters) - Morgan Advanced Materials Plc (L:MGAMM) said on Friday it had appointed Pete Raby as chief executive, effective Aug. 1.

Raby is presently president of Cobham Plc's (L:COB) communications and connectivity sector, Morgan Advanced Materials said.

The maker of insulation products, which last month spurred a takeover offer from ceramic mould maker Vesuvius Plc (L:VSVS), said in late September that its Chief Executive Mark Robertshaw would step down.

Kevin Dangerfield will remain as interim CEO until Raby assumes office.

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Morgan Advanced Materials names Cobham exec as CEO

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