Heckmondwike, West Yorkshire, England - The 600 Group says that CEO Nigel Rogers has resigned and that his role will be taken over by non-executive chairman Paul Dupee, who will become executive chairman, effective immediately.
"The board thanks Nigel for leading the company over the last few years and his work in overcoming some of the legacy issues and re-directing the trading activities to achieve greater efficiencies and focus," Dupee says. "We now have a good position from which to expand into the areas where we can accelerate growth organically and by acquisition, particularly in the USA and I'm looking forward to working with the team to make this happen."
The firm said in a statement: "Under his direction, a very capable senior executive team has been put in place to manage the machine tools, precision engineering components, and laser marking businesses in the UK and the USA, where an ever-greater proportion of the company's activities are now taking place. This team will now report to Paul Dupee."
In an update on trading in the year to March 2015, the group says that revenues are expected to be 5% ahead of the previous year or 3% on a like-for-like basis, excluding the effect of the acquisition of TYKMA in February 2015. The company says the process of integration of TYKMA and Electrox Laser is progressing very well.
All US sales and customer support activities are now managed under a unified structure and plans for future product strategy are largely determined.
For more information, please visit https://permanentmarking.com.