MMC.L Regulatory News (MMC)

3 Mar 2006 08:48

Management Consulting Group PLC03 March 2006 Management Consulting Group PLC Board Appointments 3 March 2006 Management Consulting Group PLC announces that Mr Stephen Ferriss and Mr AndrewSimon have been appointed to the Board as non-executive directors, with effectfrom 3 March 2006. Mr Ferriss will also be a member of the Audit and RiskCommittee and Mr Simon a member of the Remuneration Committee. Mr Ferriss, 60, is the former President and CEO of Santander Central HispanoInvestment Securities, Inc. He joined Santander in 1999. Prior to thatappointment he had worked as a Managing Director of Bankers Trust (now DeutscheBank Alex Brown), in Madrid, London, and New York in the investment bankingarea. Mr Simon, 60, is currently serving as a non-executive director and DeputyChairman of Dalkia PLC, and as a non-executive director of Associated BritishPorts PLC, Travis Perkins PLC, and Brake Bros Ltd. Mr Simon also serves on twonon-UK companies' boards. Dr Rolf Stomberg, Chairman said "We had identified the need to provide depth toour Board through the appointment of non-executive directors with broadexperience of business in the markets we serve and the markets we wish todevelop. Both Mr Ferriss and Mr Simon's extensive business experience fulfillthese criteria. I am delighted by their appointments and I look forward to thecontribution they will make to our business." Biographical details for Mr Ferriss and Mr Simon are set out below. Biographical details - Stephen Ferriss Stephen Ferriss was born in 1945 and is a US citizen, residing in London. Hestarted his career as an Account officer with Bank of America in 1969 in the NewYork office. Between 1969 and 1986 he held various overseas posts, includingpositions in Mexico City, London and Madrid. Mr Ferriss joined Bankers Trust (now Deutsche Bank Alex Brown) in 1987, holdinga number of positions before becoming Managing Director/Partner for the GlobalInvestment Bank in London and New York. Mr Ferriss joined Santander Central Hispano Investment Securities, Inc. asPresident and CEO in 1999. He is a member of the Board of Directors of Santander BanCorp, Puerto Rico andUnion Espanola de Explosivos, S.A in Madrid. There are no other details to be disclosed in respect of Mr Ferriss as requiredby paragraph 9.6.13R (2) to (6) of the Listing Rules. Biographical details - Andrew Simon OBE Andrew Simon was born in 1945 and is a British national. He spent 22 years ofhis early career in Evode Group, mainly as Chief Executive or Chairman and grewthe business from a £23 million adhesives and chemical building products companyinto an international £250 million specialty chemicals and materials groupthrough a mixture of organic growth and acquisitions. Following the takeover of Evode by Laporte plc in 1993, he has served in anumber an (extensive rang)e of non executive directorships, including SevernTrent plc, Laporte plc, and Ibstock plc amongst others. He has also chaired anumber of private equity businesses. Currently, Mr Simon is a non-executivedirector of Dalkia PLC, Associated British Ports PLC, Brake Bros Ltd, FinningInternational Inc. (Canada), and Travis Perkins PLC. He is a member of thesupervisory board of SGL Carbon AG (Germany). Mr Simon owns 12,100 shares in Management Consulting Group. There are no otherdetails to be disclosed as required by paragraph 9.6.13R (2) to (6) of theListing Rules. For further information please contact: Management Consulting Group PLC Tel: +44 207 710 5000Kevin Parry, Chief ExecutiveMark Currie, Finance Director The Maitland Consultancy Tel: +44 207 379 5151Suzanne BartchPeter Ogden This information is provided by RNS The company news service from the London Stock Exchange