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Directorate Change

28 Sep 2010 07:00

RNS Number : 3826T
Albemarle & Bond Holdings PLC
28 September 2010
 



 

 

ALBEMARLE & BOND HOLDINGS PLC

 

Directorate Change

 

Albemarle & Bond Holdings PLC, a leading UK jewellery and pawnbroking business, today announces that David Page, the Group Operations Director, is retiring from the Board with immediate effect.

 

With over 18 years service to the company and over 40 years in the pawnbroking sector David has been a major contributor to the group's success and leaves behind a very experienced, professional and well organised team. Nygel Scourfield, as Operations Director for Albemarle and Bond Jewellers and Pawnbrokers, joined us in February 2010 with a strong track record of over 20 years experience with companies such as Kingfisher and Home Retail Group. Nygel has worked alongside David for the last eight months as part of a planned succession and over the next few months will complete the handover of the remaining operational responsibilities.

 

David Page commented: "I am immensely proud of what has been achieved with A&B, taking it from 10 stores to almost 140 stores today and I believe that the business has got an exciting future. I will remain a committed supporter and investor in the company."

 

Barry Stevenson, Chief Executive Officer said: "David has had plans to retire from the company and this has enabled an effective succession plan to be implemented. Shareholders and colleagues I know will join me in thanking David for his contribution in building the business, and he leaves with all the team's best wishes."

 

 

Enquiries

 

Albemarle & Bond

 

0118 955 8100

Barry Stevenson, CEO

Liam Moran, CFO

Collins Stewart

020 7523 8350

Mark Dickenson

Piers Coombs

Ileana Antypas

Cardew Group

020 7930 0777

Tim Robertson

Shan Shan Willenbrock

Catherine Maitland

 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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