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28 Jan 2016 07:00
Arden Partners plc ("Arden" or the "Company")
Directorate Change
Arden Partners plc, the AIM listed small/mid cap institutional broker today announces forthcoming changes to its Board.
Non-Executive Chairman, Peter Moon, will shortly be stepping down from the Board of Arden Partners.
As a consequence of the above Arden is pleased to announce that Luke Johnson, Non-Executive Director, will become Non-Executive Chairman (designate).
Luke will also serve as Chairman of the Nominations Committee and as a member of the Remuneration and Audit Committees.
The above changes will take effect immediately following the Company's AGM on 9th March, 2016.
Commenting on his appointment, Luke Johnson said:
"I look forward to helping Arden manage the challenges of a changing industry. Arden remains cash rich, with an enviable client list, and we plan to play an active role in the inevitable consolidation among London's stock broking sector".
James Reed-Daunter, Chief Executive of Arden added:
"I am extremely grateful to Peter Moon for his help and wise counsel during his time as Chairman of Arden Partners and wish him well for the future. I am looking forward to working closely with Luke and further developing the Arden business over the coming months".
For more information contact:
Arden Partners plc
Steve Wassell, Company Secretary 0121 423 8993
Altium 0207 484 4040
Sam Fuller
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