Vesuvius stock: Sheena Mackay joins board on November 12

Published on 11/12/2026 at 13:17 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Vesuvius stock gets a new independent non-executive director. Sheena Mackay also takes over as chair of the Remuneration Committee.

Board appointment adds governance focus

Sheena Mackay joins Vesuvius as an independent non-executive director.
She succeeds Eva Lindqvist as chair of the Remuneration Committee.
The appointment comes while the company addresses operational issues and a possible offer from RHI Magnesita.

Vesuvius, GB00B82YXW83, Illustration mit AI erstellt.

Vesuvius has appointed Sheena Mackay as an independent non-executive director and chair of its Remuneration Committee, effective Thursday, November 12, 2026. The company announced the change in a release carried by Cision.

Mackay succeeds Eva Lindqvist, who had served as interim chair of the committee since May 2026. The new director joins the board in an independent capacity, adding a governance change as Vesuvius continues to manage operational and market challenges.

Governance change amid strategic uncertainty

Vesuvius is operating while RHI Magnesita considers a possible offer for the company. The deadline for RHI Magnesita to announce a firm intention to make an offer or not has been extended to November 24, 2026, according to the company information carried in the recent market coverage.

The company's November trading update said Flow Control and Foundry were trading ahead of the prior year, while Advanced Refractories remained under pressure. Vesuvius expects 2026 trading profit to be broadly in line with 2025 on a constant-currency basis and is targeting at least 55 million British pounds in cost savings by 2028.

Vesuvius stock remains in focus

Vesuvius stock traded at 5.55 euros on Lang & Schwarz at 13:11 CET on Thursday, November 12. The quote reflects the company's current euro trading level; no Xetra closing comparison is included here.