Breaking News

New Director and CFO For Fiberweb

November 30, -0001

Fiberweb plc has named Daniel Abrams director and CFO. As of February 1, he has replaced Simon Bowles. Mr. Abrams was most recently CFO of Cambridge Display Technology Inc. until July 2006 and, prior to this role, was finance director of Xenova Group plc between 1997 and 2005. He has held senior finance roles with Diageo plc and PepsiCo Inc. and has a broad range of experience in mergers and acquisitions and strategic issues across a number of different industries.

‘‘It is a pleasure to welcome Daniel Abrams to Fiberweb at this crucial point in our development,” stated Fiberweb chairman Malcolm Coster. “His experience in top-flight multinationals as well as in smaller companies is very relevant to our needs. He also brings a broad range of operational finance and public company expertise.  We are all looking forward to his contribution.’’

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