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Morgan Advanced Materials names Cobham exec as CEO

Reuters - UK Focus

Jan 30 (Reuters) - Morgan Advanced Materials Plc said on Friday it had appointed Pete Raby as chief executive, effective Aug. 1.

Raby is presently president of Cobham Plc (Other OTC: CBHMY - news) 's communications and connectivity sector, Morgan Advanced Materials said.

The maker of insulation products, which last month spurred a takeover offer from ceramic mould maker Vesuvius Plc (Other OTC: CKSNF - news) , said in late September that its Chief Executive Mark Robertshaw would step down.

Kevin Dangerfield will remain as interim CEO until Raby assumes office. (Reporting by Esha Vaish in Bengaluru; Editing by Gopakumar Warrier)