- Healthcare and industrial company Scapa Group said chief executive Heejae Chae was standing down.

A search and selection process was currently underway and Heejae would remain with the company to ensure a smooth transition.

'On behalf of the board, I would like to thank Heejae for his excellent leadership and impressive contributions to Scapa since joining as CEO in 2009,' chairman Larry Pentz said.

'During his ten-year tenure, Heejae has delivered significant growth, greatly improved efficiency and built firm foundations, setting a strategic blueprint that will continue to drive future growth.'

At 8:27am: [LON:SCPA] Scapa Group PLC share price was -29p at 344p

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