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IN BRIEF: Braime names Carl and Alan Brain as joint CEOs

ALN

Braime Group PLC - Leeds-based metal presswork manufacturer - Says Nicholas Braime will step down as chief executive on Wednesday, but will remain on the board as executive chair. Promotes Group Sales Director Carl Braime and Group Commercial Director Alan Braime as co-CEOs. Says Carl Braime will be focused on the 4B division, whilst Alan Braime will be focused on the company’s manufacturing division, Braime Pressings.

Current stock price: 1,901.00 pence

12-month change: down 12%

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