Coral Products names Ian Hillman as new CEO

WYTHENSHAWE, Manchester - Coral Products PLC, a UK-based manufacturer of bespoke plastic products, has announced the appointment of Ian Hillman as its new Group Chief Executive Officer (CEO), effective immediately. Hillman, who previously served as the Group Chief Operating Officer (COO), has been leading the company since October 25, 2024, following the resignation of the former CEO.

Under Hillman’s interim leadership, Coral Products has undergone significant restructuring and resizing efforts, which the Board believes have positioned the company for long-term success and sustainable growth. The Board expressed confidence that Hillman’s strategic vision and the results achieved thus far fully support his permanent appointment as CEO.

Additionally, the company disclosed its intention to appoint Robert David as Group Operations Director, pending the outcome of regulatory due diligence. David, who boasts considerable experience in senior management within the UK plastics processing industry, has been a key member of Hillman’s senior operational management team for the past six months. His contributions during this period have been acknowledged as substantial, particularly in operational and commercial improvements.

Joe Grimmond, Chairman of the Board, praised the progress made under Hillman’s guidance, including the successful integration of the Arrow Film & Foil asset and business acquisition, announced on April 1, 2025. Grimmond also recognized David’s valuable experience and leadership as vital assets for the company’s future.

The announcement made by Coral Products is considered inside information under the Market Abuse Regulations (EU) No. 596/2014, which is part of UK Domestic Law by virtue of the European Union (Withdrawal) Act 2018. The Directors of Coral Products have taken responsibility for the contents of this announcement.

This leadership transition comes at a crucial time for Coral Products as the company seeks to solidify its market position and pursue growth opportunities. The industry will be watching closely to see how these executive changes impact the company’s strategy and performance moving forward. The information for this article is based on a press release statement from Coral Products PLC.

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