Last checked at 24 Mar 2009 07:05
AIREA plc ('AIREA' or 'the Group')
24 March 2009
Directorate appointment
AIREA is delighted to announce the appointment of Martin Toogood, 62, as a non-executive director of the Group with effect from 1 April 2009. Martin has considerable experience at executive and non-executive level, most recently with ILVA in Scandinavia & the UK, B&Q in the UK, Carpetright in the UK & Europe and Habitat in the UK & internationally.
Martin has held a number of Senior Executive positions in the retail sector which include:
ILVA/AS Chairman & Chief Executive 2003-2007
Kingfisher Plc Chief Executive - General Merchandise 2000-2001
B&Q UK Chief Executive 1998-2000
Managing Director B&Q Plc 1997-1998
During his time as Chief Executive of B&Q the company received the "Retailer of the Year" and "Retail Employer of the year" awards from Retail Week. Between 2001 & 2003 Martin worked with a number of private equity houses on the acquisition of various retail organisations in Europe.
Current directorships:
Hardwick Grove Management Services Limited
Directorships held within the previous five years:
Cadogan Entertainment Investments Limited
Carpetright Plc
Ilva Furniture Limited
Ilva Property (Manchester) Limited
Mr Toogood was a director of Signpost Ventures Limited which was dissolved in 2002.
There are no further disclosures required to be made in respect of Mr Toogood with regard to Schedule 2(g) of the AIM rules.
Tim Vernon, Chairman said:
"We are delighted to welcome Martin to the Board of AIREA. He brings with him a wealth of retail and senior level business experience. We believe that his wide ranging UK & international experience will add new impetus to AIREA's ambitious plans for the future."
For further information please contact:
AIREA plc 01924 266 561
Tim Vernon - Chairman
Kevin Henry - Group Finance Director & Company Secretary
Brewin Dolphin Investment Banking 0845 213 4730
Andrew Kitchingman
Sean Wyndham-Quin
ENDS