Coats plc, the world’s leading industrial thread and consumer textile crafts business gets a new Non-Executive Director. Ruth Anderson will be the new Non-Executive Director effective January, 2, 2014. At present, Anderson is designated as Non-Executive Director and Chair of the Audit Committee at Ocado Group and Travis Perkins. A chartered accountant by profession, her career was spent at KPMG LLP where she worked for six years as a member of the UK Board and Vice Chairman for five years. Mike Clasper, Chairman of Coats reveals she comes in with related experience from audit and finance along with her position as executive in the industrial and consumer sectors which will benefit Coats business to a large extent.
Anedrson says she is extremely happy to be on board of Coats which is on a constant innovation path and aims to fulfil consumers demand across the world. She also aims to bring back the listed company status for the company.
