Manufacturer of thread and structural components for apparel and footwear Coats Group has a new chief executive. David Paja assumed the role on October 1, taking over from Rajiv Sharma.

The London-based group announced its intention to execute this change in leadership earlier in the year, with Mr Paja joining as an executive board director on September 1 before becoming chief executive one month later. It has now confirmed that this plan is complete.

Until the end of 2024, Rajiv Sharma will remain available to help and advise his successor and the board.

David Paja has a background in manufacturing and engineering. He was, until recently, chief executive of GKN Aerospace, part of Melrose Industries, where he played a major role in the successful turnaround of the business and delivery of profitable growth. Prior to this, he held senior leadership positions at Aptiv, Honeywell and Valeo.