Scapa FD scarpers
Finance director separates from adhesive tape makers
Scapa, the sticky tape makers, have announced that finance director Brian
Tenner is to leave at the end of August to “pursue other interests”.
The company has had a difficult downturn but recent news had been optimistic.
Preliminary results in May revealed the company had returned to cash generation
and a trading profit in the second half of its financial year.
Scapa has also been through a major cost saving project slicing £11m from the
budget. The chief executive said prospects were becoming “firmer”.
Tenner, a former PwC staffer, joined Scapa in 2007 after a stint at British
Nuclear Group.