Ex-FTSE 100 director swaps South for North to be Victrex CEO

Victrex shares hit amid CEO move, softer medical sales – Northern Financial Review

Shares of Blackpool-based high performance polymer company Victrex fell 8% after it reported “softer than expected” medical revenue in its third-quarter to June 30 and announced a change in chief executive officer. Jakob Sigurdsson intends to retire after nearly eight years as CEO. James Routh, currently CEO of AB Dynamics plc, will join Victrex as its new CEO. Victrex said sales volume was 1,057 tonnes in the third quarter, up 8%, but revenue f…

Ex-FTSE 100 director swaps South for North to be Victrex CEO

The CEO of Bradford-on-Avon-based AB Dynamics will swap the South of England for the North after announcing that he will depart to join Lancashire-headquartered Victrex.  Dr James Routh will join manufacturing firm Victrex next year after serving a 12-month-long notice period and he is set to replace Jakob Sigurdsson, who is retiring after eight years in the role.  Routh, who will be paid a base salary of £600,000 at Victrex, has more than 30 ye…