Fox Marble Holdings PLC Appointment of COO (8752N)
27 Septembre 2019 - 8:00AM
UK Regulatory
TIDMFOX
RNS Number : 8752N
Fox Marble Holdings PLC
27 September 2019
27 September 2019
Fox Marble Holdings plc
("Fox Marble" or the "Company")
Appointment of COO
Fox Marble, the AIM listed company focused on marble quarrying
and finishing in Kosovo and the Balkans region, is pleased to
announce the appointment of Francisco Espinosa to the role of Chief
Operating Officer to the Company in a non-Board capacity, with
effect from the 1 October 2019. His role will be the executive
management of all the operations of Fox Marble with specific
emphasis on sales as Head of Sales worldwide, as well as the
operational efficiency of the quarries and the factory.
Francisco has already visited the quarrying operations in Kosovo
and Macedonia and spent time in the factory identifying areas of
improvement. He is preparing a thorough strategic review in
conjunction with Fox Marble's recently appointed Senior Advisor,
Don Nicolson.
Francisco has worked for Levantina Y Asociados de Minerales
S.A.U., one of the largest stone companies in the world for 12
years, rising to the level of Chief Operating Officer. Founded in
1959 and based in Spain, Levantina provides the much-famed crema
marfil and emperador marble in over 100 countries around the world.
In this role, Paco was responsible for 600 employees and
accountable for seven factories (Marble, granite and ceramic). He
also holds an MBA from the European School of Business in Madrid.
He has in previous times worked for Caterpillar, ITT Industries and
ENEBE Sport Group.
Chris Gilbert, CEO, commented "Along with the appointment of Don
Nicolson, Fox Marble is fortunate to have recruited Francisco to
the role of COO thus rounding out the appointment of new members of
the senior management team which will build on the achievements to
date as the Company moves into a more mature phase in its
development. The Company will benefit from his experience and
expertise to develop and support its ambitions going forward and
provide the resource to accomplish this."
For more information on Fox Marble please visit
www.foxmarble.net or contact:
Fox Marble Holdings plc
Chris Gilbert, Chief Executive Officer Tel: +44 (0) 20 7380
0999
Fiona Hadfield, Finance Director Tel: +44 (0) 20 7380
0999
Brandon Hill Capital (Joint Broker)
Oliver Stansfield Tel: +44 (0) 20 3463
Optiva Securities (Joint Broker) 5000
Christian Dennis / Jeremy King Tel: +44 (0) 20 3981
4173
Cairn Financial Advisers LLP (Nomad)
Liam Murray / Sandy Jamieson Tel: +44 (0) 20 7213
0880
Notes to Editors:
Fox Marble (AIM:FOX), is a marble production, processing and
distribution company in Kosovo and the Balkans region.
Its marble products include Alexandrian White, Alexandrian Blue,
produced from the Company's Prilep quarry in Macedonia, and Breccia
Paridisea and Rosso Cait and Grigio Argento, produced from its
quarries in Kosovo, are gaining traction globally both to
international wholesale companies as well as being supplied
directly into luxury residential properties.
In the UK these include among others St George's Homes and
Capital and Counties Plc's Lillie Square development. In Sydney,
Australia Rosso Cait, Alexandrian White and Breccia Paradisea
marble have been used in what is expected to be Australia's most
expensive residential property. These sales serve to demonstrate
the desirability of Fox's premium marble products as the stone of
choice in some of the most prestigious and expensive residential
developments around the world.
Marble demand continues to grow with stable pricing and Fox is
capitalising on this growth internationally.
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END
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