21 Apr 2016 12:27
21 April 2016
Lakehouse plc
("Lakehouse", the "Company" or the "Group")
Board change
Resignation
The Company announces that Stuart Black has resigned as Chief Executive Officer. In line with his contractual obligations, he has provided six months' notice, commencing today. The Board looks forward to working with Stuart to effect an orderly handover of his responsibilities.
Recruitment
Accordingly, the Board has commenced the process to recruit a successor as Chief Executive Officer.
Operations
In the meantime, the Chairman will work closely with both Executive directors, Jeremy Simpson and Michael McMahon, together with the Group's Executive Management Team, seeking to ensure the business remains on track.
Each of the Group's Divisions, being Regeneration, Compliance, Energy Services and Construction, has its own experienced managing director and senior management team, who will continue to lead our staff to ensure the continued day-to-day delivery of services to customers.
Interim Results
As previously announced, the Company will issue its Interim Results on Tuesday, 17 May 2016.
Ric Piper, Chairman, commented:
"The Board wishes to publicly recognise the contribution of Stuart Black to the many successes achieved by Lakehouse since he joined in 2008 and wishes him well for the future".
Note: The key responsibilities and membership of the Executive Management Team are as set out in the Annual Report 2015 on page 46.
For more information please contact:
Lakehouse |
Ric Piper, Non-executive Chairman |
Telephone: 01708 758 800 Peel Hunt Justin Jones Telephone: 020 7418 8865 |
Camarco |
Ginny Pulbrook |
Telephone: 020 3757 4992
|
Notes to Editors:
Lakehouse is an asset and energy support services group that constructs, improves, maintains and provides services to homes, schools and public buildings with a focus on clients in the UK public sector and regulated markets. Services are delivered through four divisions: Regeneration, Compliance, Energy Services and Construction. The Group was founded in 1988 and is headquartered in Romford, Essex. It currently employs approximately 2,400 staff from 35 offices situated throughout England and Scotland.