New chief executive appointed by Denroy
Co Down plastics manufacturer Denroy Group has appointed a new chief as its well-known former boss takes a step back.
Kevin McNamee has been named chief executive of Denroy in Bangor, which is famous for its Denman brushes. He has worked for the group for over 20 years, including as finance director since 2014.
The business had been led by John Rainey, who co-founded the group with his father Max Rainey.
Mr Rainey, who remains as group chairman, led the growth of the firm to cover sectors from haircare to aerospace.
It now exports to over 60 countries and employs 220 people worldwide. Philip Steele remains as MD of the haircare division at Denman, while John Irwin is in charge of the Denroy business.
Mr Rainey's daughter Victoria Fishman remains in Denman as head of its US division.
Mr McNamee paid tribute to the work of Mr Rainey. "John's experience, knowledge, drive and character have helped shape the group to the point it has reached today," he said.
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"He brings immense knowledge and experience and his day to day involvement will be missed greatly. We're delighted, however, that he will be staying on as group chairman."
Mr Rainey said: "The new team is very experienced and will take the business forward to even greater heights and I look forward to being involved in the next chapter of the Denroy Group."
Mr McNamee said the firm was ambitious for all its divisions, adding: "It is my view that our US haircare market will surpass our well-established UK market over the next four to five years."