Claus Puggaard (photo: PLASA Media).
Martin Professional has announced that Claus Puggaard, managing director of Martin UK, is to step down from his position and return to Denmark to take over a new challenge within the Martin Group, following the completion of a three-year restructuring process in the UK. The company has also stated that chief financial officer, Johan Delfs, has stepped down "in order to assure a long-term management solution at Martin Professional Plc."

Henrik Soerensen, CEO of Martin Manufacturing UK Ltd (Jem) will assume the leadership position at Martin Professional Plc until a new management team is appointed. Martin’s president and CEO, Kristian Kolding, told us: "Day-to-day operations at Martin Professional Plc will continue unimpeded . . . Claus gathered a cohesive and competent staff at Martin UK who will continue to serve the UK market under the direction of Henrik Soerensen. The restructuring has put in place a solid foundation for future growth in the UK market and our outlook for 2003 remains positive."

(Lee Baldock)


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