Trifast plc announced that Iain Percival is to be appointed Chief Executive Officer and will join the Main Board with effect from 20 September 2023. Iain holds a BSc (Hons) Mechanical Engineering degree and, over a 30-year career he has worked in divisional leadership positions within a number of international manufacturing businesses. An experienced industrialist Iain has also gained significant experience within transformational change environments with a key focus on cost down, supply chain productivity initiatives, effective supply chain management and manufacturing efficiencies.

Between 2017-2021 Iain was Divisional Chief Executive atEssentra Packaging,part of Essentra plc, a FTSE250 company. Within this role he led the transformation and M&A strategy which resulted in this division achieving a return to growth and becoming a successful leading player in its sector. Between 2004-2016 he spent twelve years withRexam PLCwhere he held seniorroles within three of its divisions before being appointed divisional CEO of the Beverage Cans business in Europe; during 2013-2016, he strategically reshaped the business focus and delivered top line growth through a mix of volume recovery and market share.

Under his stewardship all these businesses delivered value to the parent company and stakeholders. Prior to this, he spent 10 years in purchasing roles withToyota Motor Europe.