New Managing Director for Steatite

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Matthew Richards joins Steatite as the company’s new Managing Director, taking over from John Lavery who has been with the company for 33 years. Mr Richards also becomes an executive director of Solid State PLC, the parent company of Steatite Ltd.

With an illustrious background spanning both private and public sector companies, most recently as Senior VP and Managing Director of API Technologies Corp, a Nasdaq listed company, Mr Richards brings with him a wealth of industry experience and business expertise.

John Lavery will remain as an executive director of Solid State PLC until 31 July before taking up a non-executive role.

Gary Marsh, CEO of Solid State PLC comments: “After an extensive search we are delighted to have secured the services of Matthew, who we have known and admired for a number of years, as the new Managing Director of Steatite. We consider his knowledge and experience, particularly in export markets will be valuable in the continued development of Steatite and the group.”

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