Broxup joined Aylesford Newsprint in 1996 as Finance Director. Following the acquisition of the company by The Martland Holdings, a private equity company, in October 2012, he became Managing Director.
However, it has been announced that he has now left the company as part of a business restructure, and the Executive Director of The Martland Holdings, Landry Kouakou, will take over day-to-day control as CEO.
Kouakou thanked Broxup for his contribution to the business, saying: “Ian has been instrumental in the success and development of the business up to this point.
“The Board and I would like to express our unreserved thanks to Ian for his hard work, dedication and professionalism. I am very pleased to say that Ian will continue to act as an advisor to the board on a part-time basis.”
Broxup has not issued a public statement.
Aylesford Newsprint Limited is a newsprint paper manufacturer, producing on average 400,000 tonnes of recycled newsprint every year from 500,000 tonnes of recycled waste fibre.