Security Company Announces New CEO

The Journal (Newcastle, England), January 7, 2016 | Go to article overview

Security Company Announces New CEO


GATESHEAD-BASED security and surveillance systems specialist, Petards Group plc, has appointed a new chief executive.

Osman Abdullah has been on the board of the company since September 2010 as a non-executive director.

Since 2013, he has acted as chairman of Petards Joyce-Loebl, the group's principal trading subsidiary, overseeing its reorganisation and the implementation of the firm's Fit for Growth programme.

Previously, Mr Abdullah has been chief executive of Evered plc, a fully listed public company specialising in industrial and quarry products, Between 1993 and 2005, then, he served as a non-executive director of UMECO plc, achieving considerable acquisition and product-led growth during the period.

Petards has also announced that, following a meeting of its remuneration committee on January 5 - and in accordance with the rules of its Enterprise Management Incentive (EMI) and Unapproved Option Plan approved by shareholders - the company has granted options over 850,000 shares to both its incoming chief executive and the chairman Raschid Abdullah. …

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