James Cropper Appoints David Stirling as New CEO

LONDON - James Cropper plc (AIM: CRPR), a leader in Advanced Materials and Paper & Packaging, has announced an upcoming change in its executive leadership. Current CEO Steve Adams will retire in early 2025. David Stirling, who previously served as CEO of Zotefoams plc for 24 years, will take over.

David Stirling will join James Cropper as CEO Designate in January 2025, and after a brief transition period, he will assume the CEO role. Stirling's extensive experience in the materials sector, particularly his management of significant growth and international expansion at Zotefoams, positions him well to guide James Cropper through its next phase of growth.

This appointment follows a thorough selection process conducted by the company's Nominations Committee. With a background as a chartered accountant and experience in the industry, Stirling is expected to bring valuable leadership, strategic insight, and technical expertise to the company.

Mark Cropper, Non-Executive Chairman of James Cropper, expressed his confidence in Stirling's ability to drive growth and innovation using the company's diverse product portfolio and global market presence. He also thanked Steve Adams for his contributions during his tenure, which included steering the company through challenging times and laying the groundwork for the transformation of its advanced materials business.

Stirling shared his excitement about joining James Cropper, emphasizing his commitment to creating value across the company's portfolio. Adams reflected on his time at James Cropper, expressing satisfaction with the company’s progress and confidence in Stirling’s future leadership.

Further details regarding the precise timing of Stirling's appointment to the Board will be announced in due course. This leadership transition marks a significant event for James Cropper as it continues its path in the Advanced Materials and Paper & Packaging industries.