Brand Architek. Regulatory News (BAR)

3 Feb 2006 09:30

Swallowfield PLC03 February 2006 Swallowfield plc Directorate Changes Following our announcements on 20 December 2005 and 3 January 2006, Swallowfieldplc would like to confirm a further stage in its reorganisation andrationalisation plans. I am pleased to announce that with effect from 1 March 2006 Mr Ian Mackinnon,currently Group Finance Director, will become the Chief Executive Officer of theCompany and the Company will recruit a new Finance Director externally. Ian Mackinnon joined Swallowfield in January 2000 and during the last 6 yearshas developed a strong understanding of the business and of what is required torevitalise the Company. He will succeed Mr Tony Wardell who, after a total of42 years with the business, will step down as Chief Executive. I would like totake the opportunity to express our appreciation to Tony for his enormouscontribution and personal dedication to the Company over these years. Mr. Wardell will be appointed a non-executive Director of Swallowfield witheffect from 1 March. In addition to these responsibilities, Tony will use hisconsiderable knowledge of the marketplace and the industry to support Ian andthe other directors in a number of specific projects in product and marketdevelopment. Having overseen the reorganisation plan, the restructuring of the Board, andconfident that the new Board has the right blend of skills and experience tolead the company into the future, I shall be retiring on 1 March 2006. Mrs.Shena Winning, currently a non-executive director and chairman of the auditcommittee, will become chairman of the board. Shena Winning, a Chartered Accountant, joined Swallowfield in 2003 after acareer in the retail industry, most recently as Finance Director of Carpetrightplc, a FTSE 250 business. With her strong retail and financial background Ihave every confidence that she will be an outstanding chairman. I would like to wish Ian Mackinnon, Shena Winning and Tony Wardell every successin their new roles. James Espey 3 February 2006 Notes to editors: Swallowfield formulates, manufactures and packages fine quality household goods,toiletries and cosmetics across the whole spectrum of consumer markets for ownlabel and brand names Enquiries: Ian Mackinnon, Swallowfield plc 01823 662 241 James Espey, Swallowfield plc 01823 662 241 Barrie Newton, Rowan Dartington & Co. Ltd 0117 9330 011 This information is provided by RNS The company news service from the London Stock Exchange