Publication date: 17 November 2009
Leading UK contract electronics manufacturing company, Axiom Manufacturing Services, has appointed a new finance director to strengthen its senior management team.
Stephen Young joins south-Wales-based Axiom with more than 18 years experience of working in senior financial roles within some of the most well-known names in manufacturing.
Stephen was previously interim chief financial officer at silicon wafer reclaim business Pure Wafer Plc and prior to that, financial director at biotechnology specialists British Biocell International (BBI Holdings Plc), where he oversaw their IPO (Initial Public Offering) on AIM and several acquisitions. He will assume responsibility for the finance and IT departments at Axiom with a specific remit to help grow the business as the manufacturing industry begins to recover from the recession.
Speaking of his appointment, Stephen said he confidently predicts growth for the company, which has sustained its position across key markets despite the current economic climate. He said: “Axiom is a great company that offers a real customer-focused service and we’re in an excellent position to capitalise on the upturn in the market.
“The company has a strong reputation across several key sectors and I’m looking forward to utilising my own experience in the medical sector to drive growth in that and other markets.”
Stephen joins a strong senior management team at Axiom led by managing director, David Davies, who returned to the business earlier this year.
David comments: “Stephen is a key appointment for us as we continue to target new industrial markets. Our specialist offering means we can attract high-quality but lower volume work where we have the opportunity to add real value.
“Additionally, we are in a good position to take advantage of the current trend among UK electronics equipment manufacturers to bring their specialist contract manufacturing back to the UK to optimise their total acquisition costs.”
