Industrial thread and global footwear parts maker, Coats Group Plc, announced on Thursday that David Paja, former GKN Aerospace boss, has been appointed as the new chief executive. Paja will be replacing Rajiv Sharma, who has been in the role for eight years and has decided to step down.
According to the company’s statement, Paja is expected to join the board on September 1 and will assume his responsibilities a month later.
This change in leadership marks a significant transition for Coats Group Plc, and shareholders will be eager to see how Paja’s expertise and experience will impact the company’s future growth and success.
