UKM.L Regulatory News (UKM)

23 May 2006 07:02

Business Post Group PLC23 May 2006 Tuesday 23 May 2006 BUSINESS POST GROUP PLC BOARD CHANGES Business Post Group plc ("Business Post" or the "Group") announces that StevenGlew is to join the Board and assume the role of Group Finance Director witheffect from 5 June 2006. Steven Glew has an excellent record of delivering successful change programmeswithin quoted companies, most notably at Mothercare plc and Booker plc. From 2003 to December 2005, he was Group Finance Director of Mothercare plc, thespecialist retailer, where he was integrally involved in the turnaround of thebusiness. He was Group Finance Director of Crown Sports plc, the sports and leisure group,from 2001 to 2002, and of Booker plc, the food retailer, from 1999 until itsmerger with Iceland plc in July 2000 during which time the company's financialprofile was transformed. He had previously spent 15 years at Tesco Stores PLC invarious financial and supply chain management roles. Mr Glew, 49, is a Fellow of the Institute of Chartered Accountants in Englandand Wales. Guy Buswell, Group Chief Executive of Business Post, said: "Steven has an impeccable track record. With his depth of experience ofturnaround situations, he will be able to play a pivotal role in the changeprogrammes we are implementing at Business Post. We greatly look forward to himjoining our new team." Peter Fitzwilliam will relinquish his role as Group Finance Director and stepdown from the Board on 2 June 2006. Mr Fitzwilliam has been Group FinanceDirector since 1999, and during that period has played an important role in thedevelopment of Business Post. Following the recent appointment of Guy Buswell asGroup Chief Executive, the role of Group Finance Director will require acommitment to a greater presence in Birmingham working closely with Guy and hisnew senior operational management team. Peter Kane, Chairman of Business Post, said: "Peter has made a substantial contribution to the Group over the past sevenyears including assisting most recently in the current performance improvementstrategy. We are grateful for all he has done, and wish him the very best withhis future plans." - Ends - Notes to editors: There is no further information to be disclosed in respect of Mr Glew underparagraph 9.6.13R of the Listing Rules. Steven Glew - career profile 2003 - 2005 Group Finance Director, Mothercare plc2001 - 2002 Group Finance Director, Crown Sports plc1999 - 2000 Group Finance Director, Booker plc1984 - 1999 Tesco Stores PLC 1997-1999: Finance & Supply Chain Director, Tesco Ireland 1994-1997: Finance Director, Tesco Stores Ltd 1984-1994: Various roles, Tesco plc1982 - 1984 Arthur Anderson & Co. (Management Consultants)1978 - 1982 Peat Marwick Mitchell & Co (ACA, qualified 1981 Enquiries: Business Post Group plcGuy Buswell, Group Chief Executive 0121 335 1111 Hogarth PartnershipJohn Olsen 020 7357 9477Fiona NobletSarah Richardson This information is provided by RNS The company news service from the London Stock Exchange