4 September 2013
In June 2013 the board of Petards Group plc commenced implementation of its "Getting Fit 4 Growth" Reorganisation Programme.
As part of the Programme the board of Petards is pleased to announce the appointment with immediate effect of Paul Negus as Business Development Director of Petards Joyce-Loebl, the principal trading subsidiary of Petards, where he will be responsible for overseeing the sales and bid teams.
Paul brings to Petards considerable commercial experience having spent 8 years as Managing Director of PIPS Technology Limited ("PIPS"), a manufacturer of Automatic Number Plate Recognition (ANPR) and CCTV systems first under private ownership and latterly under the ownership of Federal Signal Inc. (NYSE-FSS) following its sale to them for £56 million by the owners.
Commenting on Paul's appointment, Raschid Abdullah, Chairman of Petards Group plc said: "I have known Paul for a number of years and am pleased that he has chosen to work with Petards. He has considerable knowledge of the sectors in which Petards operates and an excellent track record for delivering value. I look forward to working with him"