Braime Group PLC announced that with effect from February 1, 2023, Nicholas Braime will step down as Chief Executive of the Company but will remain on the board as Executive Chairman of the Company. Nicholas was previously both the Chairman and Chief Executive. The Company is also very pleased to announce that Carl Braime, currently Group Sales Director, and Alan Braime, currently Group Commercial Director, both Executive Directors of the Company, will be appointed Joint Chief Executive Officers with effect from 1 February 2023.

In addition to their responsibilities as Joint Chief Executive Officers of the Group, Carl will be focused on the affairs of the 4B division and Alan will be focused on the Company's manufacturing division, Braime Pressings.