Kromek PLC (LON:KMK) has announced the appointment of former FTSE 250 CEO Rakesh Sharma as a non-executive director of the group with immediate effect.
The worldwide supplier of detection technology focusing on the medical, security screening and nuclear markets noted that Sharma has 20 years' experience in running international hi-tech engineering and manufacturing businesses, being instrumental in the growth of Ultra Electronics Holdings PLC.
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Having joined Ultra Electronics at its formation in 1993, Sharma presided over significant revenue and profit growth across multiple director-level and divisional roles, including in North America, latterly serving for six years as CEO.
He began his career in 1983 in the military radio division of Marconi Communication Systems Ltd. In 1989, he joined Dowty Group as a chief engineer before it was acquired by TI Group in 1992, which a year later became Ultra Electronics Holdings following a management buy-out.
Since 2017, Sharma has sat on the board of PayPoint PLC, a provider of omnichannel payments solutions and EPoS-enabled technologies, where he serves as senior independent director. He also supports a range of small businesses and entrepreneurs in a non-executive capacity.
In a statement, Sir Peter Williams, chairman of Kromek, commented: "I am delighted to welcome Rakesh to the Board of Kromek. Throughout a distinguished career in global technology and engineering businesses, Rakesh has successfully channelled innovation to deliver growth and create value. In particular, he brings significant experience in the security and defence sector, which is a key market for Kromek. We look forward to benefiting from his considerable expertise as we continue to advance our business."
Sharma added: "I am delighted to be joining Kromek, a growing and ambitious company which is developing important products to help safeguard lives and property as well as, through early diagnosis, improve outcomes of people suffering from debilitating illnesses. I will bring my extensive experience in the security and defence sector to help and assist wherever I can.
"This is an exciting challenge for me personally and I look forward to working with the Board and making a real contribution to the success of this dynamic company."