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Morgan Advanced Materials names Cobham exec as CEO

Stock Markets Jan 30, 2015 07:50
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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.

Morgan Advanced Materials names Cobham exec as CEO
 

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