Appointment of Audit and Risk Committee Chair

Stelrad Group PLC

18 June 2026

 

18 June 2026

Stelrad Group PLC

Appointment of Audit and Risk Committee Chair

Stelrad Group plc ("Stelrad" or "the Group" or "the Company", LSE: SRAD) is pleased to announce the appointment of Stuart Watson as Independent Non-Executive Director and Audit and Risk Committee Chair with effect from 19 June 2026.  Stuart will also be appointed as a member of the Remuneration Committee and Nomination Committee.

Stuart Watson is an accomplished Non-Executive Director with extensive board experience across a range of sectors, including manufacturing, transport, software and logistics. Stuart is currently NED and Audit Committee Chair of Vp plc, and NED and Audit Committee Chair of Flowtech Fluidpower plc.  Stuart is a Chartered Accountant and was previously a Senior Partner at Ernst & Young LLP, specialising in audit.

Martyn Coffey, Chair of Stelrad said:

"I am delighted to welcome Stuart to the Board and look forward to his contribution to support the delivery of the Group's strategy. Stuart brings significant financial and accounting experience, and the Board is confident that he will provide strong leadership of the Audit and Risk Committee."

In accordance with UKLR 6.4.8R, the Company confirms that Stuart Watson has also held the following directorships in the past five years:

-     Non-Executive Director of Clipper Logistics plc

There is no further information to be declared in accordance with UKLR 6.4.8R.

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For further information:

Stelrad Group plc Trevor Harvey, Chief Executive Officer Leigh Wilcox, Chief Financial Officer	[phone]
Sodali & Co James White / Pete Lambie	[e-mail] [phone]

Notes to Editors

Stelrad Group plc is Europe's leading specialist radiator manufacturer, selling an extensive range of hydronic, hybrid, dual fuel and electrical heat emitters to more than 500 customers in over 40 countries. These include standard, premium and low surface temperature (LST) steel panel radiators, towel warmers, decorative steel tubular, steel multicolumn and aluminium radiators.

The Group has five core brands: Stelrad, Henrad, Termo Teknik, DL Radiators and Hudevad.  In the data reported by BRG Building Solutions for 2024, Stelrad extended its market leadership position, with 24.2% share by volume of the European steel panel radiator market, excluding Russia and Belarus.  The Group is now market leader in six countries - the UK, France, Belgium, the Netherlands, Ireland and Denmark, with a top three position in a further 12 territories. 

Stelrad is headquartered in Newcastle upon Tyne in the UK and in 2025 employed 1,300 people, with manufacturing and distribution facilities in Çorlu (Turkey), Mexborough (UK), Moimacco (Italy) and Nuth (Netherlands), with a further commercial and distribution operation in Krakow (Poland).

The Group's origins date back to the 1930s and Stelrad enjoys long established commercial relationships with many of its customers, having served each of its top five current customers for over twenty years.

Further information can be found at: https://stelradplc.com/.     

 

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