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Rajiv Sharma is new Group Chief Executive of Coats Group plc

Coats Group plc (Coats), the world's leading industrial thread manufacturer, has appointed Rajiv Sharma as its Group Chief Executive with effect from January 1, 2017. Currently, he is serving as Executive Director and Global CEO, Industrial.

By mutual consent, current Group Chief Executive, Paul Forman would leave the Company on 31 December this year and take up the role of Chief Executive at Essentra plc, a FTSE 250 company and a leading global provider of essential components and solutions. Paul became Group Chief Executive of Coats on 31 December 2009.

Rajiv Sharma joined the Company in November 2010 and is responsible for the global Industrial business that accounted for approximately 80 per cent of the Group’s revenues in 2015. Under his leadership, the company has built new commercial and operational capabilities to deliver a strong track record of profitable sales growth.

The company has been at the forefront of product and service innovation for the global apparel and footwear industries and Rajiv has overseen the expansion of the Speciality business into emerging applications such as fibre optic cables and value added engineered yarns used in composites and conductive products. Sharma was appointed an Executive Director of the Company in March 2015. His experience spans multiple disciplines, including M&A, digital and leading large complex businesses, in a range of industries, across five continents.

 
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