GPG names new non-executive chairman of Coats

GPG names new non-executive chairman of Coats
Aug. 21 (BusinessDesk) – Guinness Peat Group has named a former chief executive of BAA as non-executive chairman of Coats Plc as the broken up investment company focuses on its remaining big asset. Mike Clasper is currently a non-executive director of ITV and is a former chief executive of BAA and former senior executive of Procter & Gamble. He takes up the Coats role on Sept. 1. The UK investment company developed by Ron Brierley has been wound down under the chairmanship of Rob Campbell and GPG is to be renamed Coats, reflecting its big r...