Volex appoints Nathaniel Rothschild as executive chairman

(Reuters) - Power and data cables maker Volex Plc said it appointed financier Nathaniel Rothschild as executive chairman with immediate effect. The company said its non-executive directors decided that role of chairman and chief executive should be combined into an executive chairman position after a review of the board. Volex added that interim CEO Geraint Anderson and non-executive director Karen Slatford had resigned. The company, which designs and makes power cables for electronic devices, also said it would not be necessary to appoint a group CEO. (Reporting by Muvija M in Bengaluru; Editing by Gopakumar Warrier)