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520.00    -55.00 (-9.57%)
Bid:
510.00
Ask:
530.00
Spread: 20.00 (3.922%)
Market Cap: £183.87m
GTE Live PriceLast checked at - London Stock Exchange

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Directorate Change

16 Apr 2008 07:00

Gas Turbine Efficiency PLC16 April 2008 16 April 2008 Gas Turbine Efficiency plc GTE appoints Charles Cameron as Non Executive Director Gas Turbine Efficiency plc ("GTE" or "the Company"), a leading provider ofadvanced systems to enhance the performance of aviation and industrial turbines,announces the appointment of Charles Cameron as a Non Executive Director witheffect from 15 April. Mr Cameron, 46, has over 20 years of experience in corporate finance andspecialises in working with technology companies. He has held senior positionsin a number of top tier investment banks, most recently at JefferiesInternational, and has previously held a senior executive role at an AIM quotedtechnology company. At Jefferies, Mr Cameron was responsible for building theinvestment bank's capital markets advisory business in London, with particularemphasis on growth companies in the technology and cleantech sectors. Prior tojoining Jefferies, Mr Cameron worked as Chief Executive of InTechnology plc(London Stock Exchange: AIM), where from 2002 he was responsible for stabilisingthe business, restoring growth through organic initiatives and acquisitions.Previously, he worked as an Executive Director of investment banking at GoldmanSachs International, where he shared responsibility for developing GoldmanSachs' technology franchise in Europe. Mr Cameron began his career at MorganStanley and Co., Inc and then worked at Dresdner Kleinwort Benson, London. Steven Zwolinski, Chief Executive of GTE, said: "We are delighted to havesomeone of Charles' experience in both advising and managing technologycompanies on the financial markets to join the GTE team. We look forward tobenefiting from Charles' expertise in building ever stronger links with theinvestment community." Matters for disclosure under paragraph (g) of Schedule 2 of the AIM Rules forCompanies with respect to the appointments above are detailed below. Full name: Charles Robert MacMartin Cameron Age: 46 Present directorships: Carolina TrustCameron Capital Partners Limited Former directorships in the last five years: InTechnology plc (London Stock Exchange: AIM)Wavetrend Technologies Limited Enquiries: Gas Turbine Efficiency plcSteven Zwolinski +46 8 546 10 500 Libertas CapitalAamir Quraishi, Charles Goodfellow +44 20 7569 9650 Corfin CommunicationsNeil Thapar, Harry Chathli +44 20 7977 0020 About GTE Gas Turbine Efficiency plc, whose shares are traded on London Stock Exchange'sAIM market (Ticker: GTE), designs, manufactures and markets advanced integratedsolutions for environmental, process and asset optimisation of gas turbinesprimarily in the aviation, industrial and oil & gas sectors. These solutionsinclude compressor cleaning systems, performance monitoring, fuels management,OEM-approved combustion design and repair services and fluid and controlsub-systems that improve turbine performance and availability, fuel efficiencyand parts life, resulting in increased profits for its clients and a cleanerenvironment. The Group sells its products to blue chip customers worldwide fromoperational centres in Europe and the USA. This information is provided by RNS The company news service from the London Stock Exchange
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