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11 Mar 2013 07:00
11 March 2013
Brady plc ("Brady" or the "Company")
Board Change
Brady, the leading global provider of trading, risk management and settlement solutions to the energy, metals, recycling and commodities sectors is pleased to announce the following change to the Board of Directors of the Company.
Effective 2 April 2013, Brian Collins has been promoted to CEO of the Brady Physicals business unit, reporting to Gavin Lavelle, CEO of Brady plc and, in accordance with Company policy, Brian has resigned from the Board as Executive Director of Product Management. Brian, aged 47, joined the Board following Brady's acquisition of Colplan Systems Limited in 2004, of which Brian was co-founder and Managing Director. Brian has over twenty years of senior management experience both in the software industry and commodities markets.
Paul Fullagar, Chairman, commented: "I am delighted to announce Brian's decision to lead the Brady Physicals business unit at such an exciting stage as the business enjoys strong growth momentum. I would also like to thank Brian for his valuable contribution and achievements as a director of the Brady plc Board since 2004. Brady continues to deliver its plan of leadership in its selected markets combined with strategic acquisitions and has a strong, balanced and highly experienced Board to lead this continued growth, supported by a strong executive committee which Brian will be joining.
For further information please contact:
Brady plc Gavin Lavelle, Chief Executive Officer Tony Ratcliffe, Finance Director | Telephone: +44(0)1223 479479 |
Cenkos Securities plc Ivonne Cantu / Camilla Hume Alex Aylen (Sales)
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Telephone: +44 (0)20 7397 8900 |
Redleaf Polhill Rebecca Sanders-Hewett / David Ison | Telephone: +44 (0)20 7566 6720
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About Brady
Brady plc (BRY.L) is the largest European-headquartered provider of trading and risk management software to the global commodity and energy markets. Brady combines fully integrated and complete solutions supporting the entire commodity trading operation, from capture of financial and physical trading, through risk management, handling of physical operations, back office financials and treasury settlement, for energy, refined, unrefined and scrap metals, soft commodities and agriculturals.
Brady has 25 years' expertise in the commodity markets with some 300 customers worldwide, who depend on Brady's software solutions to deliver vital business transactions across their global operations. Brady clients include many of the world's largest financial institutions, trading companies, miners, refiners and producers, recycling companies, scrap processors, tier one banks and a large number of London Metal Exchange (LME) Category 1 and 2 clearing members and many leading European energy generators, traders and consumers.
For further information visit: www.bradyplc.com
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