logo-loader

Kromek elevates COO to executive director, appoints new chairman designate

Published: 08:25 16 Dec 2020 GMT

Kromek Group PLC - Kromek elevates COO to executive director, appoints NED as new chairman designate

Kromek Group PLC (LON:KMK) said its chief operating officer, Berry Beumer, has been appointed as an executive director of the company with immediate effect.

Beumer initially joined the detection technology specialist as COO in 2015 and has “played an instrumental role in the growth of the business through the expansion of Kromek's US customer base and operations in both medical imaging and nuclear detection”, the company said.

WATCH: Kromek Group say two contract extensions prove business is back to normality

Meanwhile, Kromek said Rakesh Sharma, who joined the group as a non-executive director in October, will become its non-executive chairman after incumbent Sir Peter Williams retires from the board on January 1, 2021.

"It is a great honour to succeed Sir Peter as chairman. I thank him for his valuable contribution which has enabled Kromek to truly transform during his tenure, and we wish him all the best in his retirement. I am also pleased to welcome Berry to the board. He has played a fundamental role in our growth as part of the executive team and we look forward to further benefitting from his expertise in his new role. Kromek is an ambitious company with advanced technology, extensive IP and a foothold in some of the most important markets today. We are excited about the future and delivering on our plans to secure sustainable growth and shareholder value", Sharma said in a statement.

"It has been a pleasure to be a part of Kromek's journey as it has matured and scaled up over recent years into a truly international business with diversified revenue streams. As I retire, I leave the role of chairman in the very capable hands of Rakesh who brings tremendous experience in overseeing the growth of international hi-tech engineering and manufacturing businesses. I also congratulate Berry Beumer on joining the board and, following Paul Farquhar's recent appointment, I leave Kromek with a refreshed and powerful team at the helm under Arnab Basu's leadership. I will be following the business closely and look forward to watching its continued progress", Williams added.

Shares in Kromek rose 0.2% to 11.3p in early deals on Wednesday.

Kromek Group reports strong first-half momentum as revenue and gross margin...

Kromek Group PLC (AIM:KMK) CEO Arnab Basu joined Proactive's Stephen Gunnion with a breakdown of the company's first-half financial and operational performance. The company reported increased revenue, improved gross margin, and a notably reduced loss in the first half of the year. Basu...

on 30/1/24