Volex appoints Nathaniel Rothschild as executive chairman
Power and data cables maker Volex has appointed financier Nathaniel Rothschild as executive chairman with immediate effect.
The company said its non-executive directors decided the role of chairman and chief executive should be combined into an executive chairman position after a review of the board.
Volex added that interim chief executive Geraint Anderson and non-executive director Karen Slatford had resigned.
The company, which designs and makes power cables for electronic devices, also said it would not be necessary to appoint a group CEO.
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