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13 Sep 2010 07:00
Cyril Sweett Group plc ("Cyril Sweett" or "the Company")
Directorate Changes
Further to the announcement on 12 March 2010 regarding Francis Ives' retirement from the Board, the Company confirms that following the Group's Annual General Meeting held on Friday 10 September 2010, Francis retired from the Board as non-executive Chairman.
The Company is pleased to announce the appointment of Michael Henderson, a current non-executive director, as the replacement non-executive Chairman with effect from 10 September 2010.
Dean Webster, CEO of Cyril Sweett, said:
"On behalf of the Board I would like to thank Francis for his inspirational leadership and for the major contribution he has made to the business over the last 40 years. As Chairman since 1991, Francis has driven the growth of the business and more latterly led the Company onto the AIM market of the London Stock Exchange. I am sure I speak on behalf of us all at Cyril Sweett by wishing Francis the very best for the future.
I am delighted to welcome Michael as non-executive Chairman. Michael has been a non-executive director at Cyril Sweett since 1998, and has a in-depth understanding of both the business and our market challenges."
For further information call:
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Cyril Sweett Group plc Dean Webster, Chief Executive Officer |
020 7061 9000
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Theo Kjellberg, Head of Communications |
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Brewin Dolphin Matt Davis Sean Wyndham-Quin
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0845 213 4747
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Financial Dynamics Jonathon Brill Georgina Bonham |
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