Element Materials Technology (Element) has announced that current CFO, Jo Wetz, will succeed Charles Noall as Element’s CEO from 31st December 2019. This follows Charles’s decision to retire from his executive role after 17 years leading the Group.
在他之前的3i投资者角色中，Jo和Charles曾在2010年领导了Element最初的收购，然后在2012年以首席财务官的身份加入该集团。在Element工作的八年中，Jo一直致力于将集团从五个地区的23个地点（拥有600名员工）发展到Element目前发展最快的私营测试企业之一，在30多个国家拥有近200个地点（拥有近7000名员工）。
Together with Charles, Jo led the sale of Element to Bridgepoint in 2016, the subsequent take-private of the Exova Group in 2017, a $1bn transaction which doubled the size of the Group, and at the end of 2018 concluded the transaction that welcomed Temasek as a significant minority shareholder.
Allan Leighton, Element’s chairman, commented: “I am delighted that Jo is taking on the role of CEO. This leadership transition is a great example of succession planning and will provide strong continuity as Element pursues its vision of becoming the world’s most trusted testing partner.”
Jo commented: “It has been a privilege to work alongside Charles and the rest of the Element management team over the last eight years as we have transformed the company into a global leader, recognised for supporting customers operating in some of the most complex and advanced industrial supply chains. I am hugely excited about leading Element’s talented management team on the next stage of our exciting growth journey.”
“I am also delighted that Charles will remain on the Board, as a non-executive director, where his knowledge of the TIC sector and Element will continue to be a major asset. An active search for a new CFO is well underway and we expect to announce an appointment shortly.”
Charles’s career spans 40 years, with a number of roles in the European aerospace industry before he joined Stork in 1991, rising to become the CEO of its testing division, Stork Materials Technology. Following the management buyout of Stork Materials Technology in 2010, the company was rebranded as Element in 2011 and Charles led the subsequent transformation of the Group. He is now recognised as one of the most successful CEOs in the global TIC sector.
Allan Leighton补充道：“我想向查尔斯致敬，他自2010年Element成立以来，为Element的发展做出了巨大贡献。他的领导专注和明确的目标有助于建立一个强大的品牌和良好的声誉；强大的文化；客户忠诚度高；行业领先同比增长；这是该行业最高的估值之一。”
About Element
Element is one of the world’s leading independent providers of materials and product qualification testing, inspection and certification services to the global Aerospace; Transportation & Industrials; Fire & Building Products; and Oil & Gas and Infrastructure sectors, where failure in service is simply not an option.
We exist to help our customers to make certain that the materials, products and systems that they make are safe, quality, compliant and ultimately fit for purpose, leveraging 200 years of testing experience and our global testing capabilities.
Media contacts:
Diana Milford
External Communications Manager
T: +44 131 333 8052 / +44 (0) 7768 884 954
Devan LaBrash, Pagoda Public Relations
T: +44 (0) 131 556 0770
E:devan.labrash@pagodapr.com
“I am hugely excited about leading Element’s talented management team on the next stage of our exciting growth journey.”
Jo Wetz
CFO