Coats, a leading
industrial thread manufacturer and a major player in the Americas textilecrafts market which is headquartered in the UK, has
announced that Anne Fahy will join the Board as a non-executive director,
effective 1 March 2018. In addition, the company has announced that she will
join the audit and risk committee and the nomination committee. Anne has spent over 25 years at BP Plc where she
held a series of roles, including chief financial officer of its aviation fuels
business. She has extensive experience of global business, developing markets
and internal control, as well as strategy development in BP’s aviation,
petrochemicals, trading, and retail sectors.
Anne is also a non-executive director of
Interserve, the international support services and construction company;
SThree, a global staffing organisation providing specialist recruitment
services in the STEM industries; and Nyrstar, a global multi-metals business,
with a market leading position in zinc and lead. Mike Clasper chairman, Coats said, “I am delighted
that Anne will be joining the Coats Board. She is a very experienced
non-executive director with in-depth knowledge of the full range of audit
matters and internal controls, as well as wider strategy development. I look
forward to working with her.”
Anne started her career with KPMG Ireland before
moving to KPMG Australia. She is a Fellow of the Institute of Chartered
Accountants in Ireland and has a Bachelor of Commerce in Economics, Accounting,
and Business from University College Galway, Ireland. Ruth Anderson, non-executive director and
currently chairman of the audit and risk committee, will not be standing for
re-election as a director at the 2018 AGM, to be held on May 16, 2018. Anne
will become chairman of the audit and risk committee on that date.
Source: The Financial Times, United Kingdom Thursday, 11 January 2018