Appointment of Group Managing Director

ecyclus Group Ltd (“Recyclus”) is pleased to announce that Matthew Taylor has been appointed as Group Managing Director of the Company.

Matthew has over 40 years' experience working in senior management across a number of key industrial and manufacturing sectors in the UK including avionics, automotive, consumer and professional power tools, power generation engineering, marine and aero engineering. He was formally General Manager at a leading UK-based specialist aerospace metals group to the international aerospace sector, where under his leadership, revenues underwent an increase of 40 per cent and gross margins were improved by 100 per cent.

He was principal consultant at Smith Kenyon Ltd, a leading business transformation specialist, for 18 years working successfully on transformation projects with leading industrial companies in the UK and internationally. Projects included operations and supply chain management, strategic evaluations, specialist procurement evaluations and strategies, business development and design and implementation of manufacturing operations.

Former role also includes main board member at Cummins Power Generation with the brief to transform supply chain, operations and global purchasing, with plants in UK, China, India, Mexico, Singapore, USA, Germany and Romania. With global sales and distribution, Cummins Power Generation is a global manufacturer, distributor and brand leader in the international power generation engineering sector with a $2bn turnover and a division of Cummins Inc. with $6bn annualised turnover.

Matthew holds a BSc management, Engineering, Production and Economics, MBA and is a PRINCE2 practitioner and 6 Sigma trained.

Matthew Taylor, Group Managing Director of Recyclus, said: "It's great to formally join the team at Recyclus at such a formative stage in the company's evolution and particularly as we enter the first growth stage of the business. The team are well versed in how the proprietary technology at play here can form such an important role in the UK battery ecosystem as we take on the lead role in the industrial scale-up in lithium-ion battery recycling. I look forward to joining the team and driving the development of solutions for battery testing and take-back recycling, with a clear focus on surpassing our customer's needs and requirements."

Robin Brundle, Chairman of Technology Minerals and Director of Recyclus, said: "Matthew is well-practised in building transformational businesses in key industrial sectors and his appointment comes at a very appropriate stage for Recyclus Group. He comes to us with a very strong track record in successfully achieving his commercial goals, and his sector experience mirrors that of the main industrial sectors for Recyclus."

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Courtesy of the London Stock Exchange: https://www.londonstockexchange.com/news-article/TM1/recyclus-appoints-group-managing-director/15385502