Last checked at 30 Jun 2008 15:02
Managed Support Services plc
(the "Company")
Directorate Change
The Company is pleased to announce that Piers Wilson, MA (Oxon) ACA will join the Board as Group Finance Director on 1 July 2008. This appointment reflects our succession planning for William Good, who will be resigning from the Board at the forthcoming EGM.
Mr Wilson, (40), was previously Finance Director of the ED&F Man Coffee division, a $2.5 billion business, having previously been Head of Corporate Finance and Risk Management for the ED&F Man Holdings Group. Before joining ED&F Man, Piers Wilson was CFO of a NASDAQ quoted technology company and prior to that, Head of Corporate Development at Cable and Wireless Communications plc.
Mr Wilson qualified as a Chartered Accountant with Arthur Andersen in 1992.
Following qualification, he specialised in corporate recovery and the turnaround
of distressed companies.
Simon Beart, the Company's Chief Executive said:
"We are very pleased to welcome Piers to the Board and we believe that his wide ranging skills and experience of complex turnarounds, as well as acquisitions, will be invaluable. On behalf of the Board I would also like to thank William for his support and tremendous contribution to delivering financial controls and financial stability across the Group since his appointment and we wish him the very best for the future."
Save as disclosed below there are no additional disclosures to be made in accordance with paragraph (g) of Schedule 2 of the AIM rules for Piers Wilson
Piers Wilson has been a director of the following companies during the last five years:
Sprig Productions
Volcafe Holdings Ltd and various subsidiaries thereof as follows:
Cofi-com trading Pty (Australia)
Molinos de Honduras SA (Honduras)
Volcafe de Honduras SA (Honduras)
Corporacion Fincafe SA (Honduras)
Volcafe Ltd (Japan)
C Dorman Ltd (Kenya)
Taylor Winch (Coffee) Ltd (Kenya)
Becafisa SA (Mexico)
Volcafe de Nicaragua SA (Nicaragua)
Procesadora del Sur SA (Peru)
Volcafe Switzerland Ltd (Switzerland)
Volcafe International (Switzerland)
Gourmet Ltd (Tanzania)
Rafiki (coffee) Ltd (Tanzania)
Kyagalanyi Coffee Ltd (Uganda)
PCT Coffee Ltd (UK)
Volcafe Specialty Coffee Corp (USA) Volcafe Specialty Coffee LLC (USA) Man Buon Ma Thot Coffee Processing and Export Joint Venture Company (Vietnam)
For further information, please contact:
| Managed Support Services plc Simon Beart | 01483 735702 |
| Cenkos Securities plc Nicholas Well | 020 7397 8924 |