CFOAM, manufacturer of inorganic carbon material, has appointed Todd Hoare as interim non-executive director. Mr Hoare has been an investor since the company’s listing and is well versed with many aspects of the company’s operations. Current managing director Michael Placha will resign from the role and become chief executive and president of Carbon Innovations, the US operating subsidiary of CFOAM. Mr Placha is the largest shareholder of CFOAM and will remain as director to assist in the management transition.
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