18 May 2012 07:00
18th May 2012
Stilo International plc
Directorate change
Stilo International plc ("Stilo" or the "Company") (LSE:STL), the AIM quoted software and services company, is pleased to announce the appointment of Richard Alsept as a Director serving on the main Board, continuing his executive responsibilities as Chief Financial Officer and Company Secretary.
Richard James Alsept, aged 46, is a qualified Chartered Accountant. After graduating from Durham University with an Honours degree in Economics, he trained and qualified as an accountant with Touche Ross & Co. He then spent a number of years in general practice, dealing with all aspects of owner-managed businesses, before becoming a financial director in various industries and forming his own accountancy practice specializing in accounting, taxation and financial direction. He first became involved with Stilo as Chief Financial Officer in 2002 and subsequently was appointed Company Secretary in 2003. Having sold his practice in 2008, Richard took time to pursue other personal interests, prior to rejoining Stilo in 2010.
Commenting on the appointment, Les Burnham, Chief Executive, said:
"Richard has been invaluable to the Company in his role as Chief Financial Officer and Company Secretary for many years and we are now delighted to welcome him to the main Board of Stilo."
Details of directorships that Richard has held in the previous five years, are given below:
Current directorships:Richard Alsept Limited
Past directorships:Eurobuild Contractors (South Wales) Limited
Save for the declarations above there is no further information to be disclosed in respect of the appointment of Richard Alsept under Rule 17 or Schedule Two paragraph (g) of the AIM Rules for Companies.
Enquiries:
Stilo International plc 01793 441444
Les Burnham, Chief Executive
Charles Stanley Securities 020 7149 6000
Nominated Adviser
Russell Cook / Carl Holmes