By Iain Gilbert
Date: Friday 27 Sep 2019
LONDON (ShareCast) - (Sharecast News) - Marble quarrying and finishing company Fox Marble tapped Francisco Espinosa to take over as chief operating officer on Friday, with his appointment set to take effect on 1 October.
Espinosa will join Fox Marble in a non-board capacity and will manage all of the group's operations, with specific emphasis on sales as head of sales worldwide, as well as the operational efficiency of its quarries and factory.
The AIM-listed group said Espinosa had already visited its quarrying operations in Kosovo and Macedonia and spent time in the factory identifying areas of improvement before preparing a thorough strategic review in conjunction with recently appointed senior advisor, Don Nicolson.
Chief executive Chris Gilbert said: "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."
As of 1100 BST, Fox Marble shares were up 1.28% at 3.95p.
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