5 Mar 2014 07:00
5 March 2014
Management Consulting Group PLC
Board Change
Management Consulting Group PLC ("MCG" or "the Group"), the international professional services group, announces that Luiz Carvalho, after 32 years with the business, is stepping down as Chief Executive of Alexander Proudfoot and will cease to serve as an Executive Director of MCG with immediate effect.
Alan Barber, Chairman of MCG, commented:
"I would like to thank Luiz for his valuable contribution as CEO of Alexander Proudfoot and as a director of MCG. Nick Stagg will now take on the role of CEO of Alexander Proudfoot on an interim basis in addition to his Group CEO role. Whilst Nick is fulfilling the Alexander Proudfoot role I will increase my day to day involvement with the Group, supporting Nick and the executive management team. It remains my intention, as announced on 13 December 2013, to step down as Chairman of MCG at the end of 2014."
For further information please contact:
Management Consulting Group PLC | Tel: +44 20 7710 5000 |
Nick Stagg, Chief Executive Chris Povey, Group Finance Director | |
FTI Consulting | Tel: +44 20 7831 3113 |
Ben Atwell, Victoria Foster-Mitchell |
Notes to editors:
The Company will announce it preliminary results on 6 March 2014.
Management Consulting Group PLC (MMC.L) provides professional services across a wide range of industries and sectors.
It comprises two independently managed practices: Alexander Proudfoot and Kurt Salmon. Alexander Proudfoot develops and implements operational improvements to its clients to increase productivity and reduce costs. Kurt Salmon provides consultancy services to a wide range of industries in both the private and public sectors. The Group operates worldwide. For further information, visit www.mcgplc.com.