GKN plc has reported that chief executive Nigel Stein will retire at the end of 2017. He will also retires as a director in March 2018. Kevin Cummings, currently chief executive aerospace, will succeed Stein in January 2018.
Stein joined GKN in 1994 and became a board director in August 2001. During his 16 years on the board he held the roles of group finance director and chief executive automotive before being appointed chief executive from January 2012.
Kevin Cummings joined GKN Aerospace in North America in 2008 and took the role of chief executive aerospace in January 2014.
‘On behalf of the board, I would like to thank Nigel for the significant contribution that he has made to GKN,’ said Mike Turner, GKN’s chairman. ‘During his tenure as chief executive, Nigel has overseen the transformation of the group, greatly expanding the aerospace division and moving driveline into electric drive.’
In other news, Adam Walker, group finance director of GKN, has decided to leave the company to take up an opportunity outside of the engineering sector. He will be replaced by Jos Sclater
‘GKN has excellent market positions, outstanding technology and is well positioned to continue its global growth,’ said Nigel Stein. ‘I am delighted that Kevin has been appointed to succeed me.
‘This company has a long history of success based on the efforts of our dedicated employees around the world. I thank them greatly for their contribution. I would also like to thank Adam for his support over the past three and a half years and offer Kevin, Jos and the whole GKN team my best wishes for the future.’
This story is reprinted from material from GKN, with editorial changes made by Materials Today. The views expressed in this article do not necessarily represent those of Elsevier.
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