New chair for engineering firm Spirax-Sarco

FTSE-100 engineering firm Spirax Group has announced the appointment of a new chair. Tim Cobbold will take over from Jamie Pike, who is retiring from the Gloucestershire-based company on December 31.

Mr Pike has been a non-executive director with the Cheltenham-headquartered thermal energy management and niche pumping specialist since 2014 and its chair since 2018.

Mr Cobbold will join the board as a non-executive director and chair designate from September 1 and will succeed as chair of the board and nomination committee on January 1, 2025.

The former chief executive of UBM will re