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Coats appoints Rajiv Sharma as executive director of BoD
29
Oct '14
Mr. Rajiv Sharma
Mr. Rajiv Sharma
Coats plc, one of the leading industrial thread and consumer textile crafts companies, has appointed Rajiv Sharma, global CEO, Coats Industrial, as the new executive director of Coats plc Board, effective from the 1st of December 2014.

Rajiv joined Coats plc in November 2010 to head the Industrial Division which, under his leadership, has been at the forefront of product and service innovation for the global apparel and footwear industries, consistently delivering profitable sales growth. The Division also houses the fast growing Speciality business, which produces high technology threads and yarns from performance materials.

During his career, Rajiv has worked at Westinghouse, SAAB, Honeywell, and GE, and his experience spans sales, marketing, M&A, business development, and general management. Majority of his roles have been focused on growing or turning around businesses and he has worked across the US, Asia-Pacific, Middle East, and Africa.

Rajiv has a degree in Mechanical Engineering (Robotics) from the National Institute of Engineering, Warangal, India, and an MBA from University of Pittsburgh, USA.

Mike Clasper, chairman of Coats plc, said, “Rajiv’s appointment reflects the significant progress that has been made in the Industrial Division over the last four years under his leadership, as well as his strong commercial and operational skills. Rajiv’s experience will prove valuable to the Board and to Coats plc as we move towards once again becoming a listed company.”

Rajiv Sharma said, “I am very much looking forward to joining the Board as it continues to develop the strategy and actions to drive performance and profitable sales growth across Coats plc’s global business.”

Coats plc employs 20,000 employees in over 70 countries, across six continents around the world. (GK)

Fibre2fashion News Desk - India

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