Jonathan Short has stepped down from his role as deputy Chairman of ECO Plastic, after more than 15 years.
The announcement was made yesterday, with the news that Short, founder of the company, has been replaced with CEO Chris Brown.
Short served as managing director of until August 2013, when he moved to the deputy chairman role to focus on its “long term strategy”.
His departure comes after the company was bought out of administration by German Investment firm Aurelius in December, after having made a loss of £12.5m since 2012 (See CIWM Journal Online story).
Hemswell-based ECO Plastics operates one of the world’s largest plastic reprocessing plants, capable of sorting 150,000 tonnes of mixed bottles per year and representing around 35 percent of the total UK bottle collection in the UK every year.
Jonathan Short said: “I have decided to step down from my role at ECO Plastics to pursue new projects.
Jonathan Short – “The time is right to move on to pastures new. ECO Plastics has accomplished a great deal since its humble beginnings and I would like to thank all of my colleagues within the Company and the industry for their support over the years”
“The time is right to move on to pastures new. ECO Plastics has accomplished a great deal since its humble beginnings and I would like to thank all of my colleagues within the Company and the industry for their support over the years.”
Chris Brown, CEO of ECO Plastics, said: “Jonathan Short has decided that following the purchase of the business by Aurelius, he will leave ECO Plastics during March to focus on other business interests.
“Jonathan was the founder of ECO Plastics and has also played a leading role in the industry over many years. We thank Jonathan for this invaluable contribution to the business and he leaves with our very best wishes for the future, both personally and professionally.”