4 Apr 2017 07:00
4 April 2017
Utilitywise plc
("Utilitywise" or "the Group")
Board Change
Utilitywise plc (AIM: UTW), a leading independent utility cost management consultancy, announces that Geoff Thompson, founder and Executive Chairman of Utilitywise, is stepping into the role of Non-Executive Chairman with immediate effect.
Geoff Thompson, Non-Executive Chairman of Utilitywise, said:
"One of my priorities on becoming Executive Chairman was to make sure we assembled the strongest possible executive team. With that team now in place and with a compelling strategy to deliver on a number of ambitious targets by the end of 2021, this is a logical point at which to step away from the day-to-day running of the business whilst maintaining continuity via a non-executive role.
"Whilst I am very proud of the capability we have built across the Group, I firmly believe we are still only really scratching the surface in terms of the opportunities available to us, and have every confidence in the ability of Brendan and the rest of the management team to successfully guide the business through its next phase of growth."
Brendan Flattery, CEO of Utilitywise, added:
"The progress Utilitywise has made to date under Geoff's stewardship as CEO and later as Executive Chairman has been remarkable and I am delighted that he will remain on the Board as our Non-Executive Chairman. I have no doubt Geoff's experience and counsel will be of substantial benefit to the business moving forward, and I look forward to working with him in his new capacity."
For further information please contact:
Utilitywise PLC | 0330 303 0233 |
Brendan Flattery (CEO) |
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Richard Laker (CFO) |
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finnCap (NOMAD and broker) | 020 7220 0500 |
Matt Goode/ Henrik Persson (Corporate Finance) |
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Simon Johnson (Corporate Broking)
Liberum (Joint broker) |
020 3100 2000 |
Robert Morton/ Steve Pearce |
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Redleaf Communications | 020 7382 4730 |
Rebecca Sanders-Hewett/ David Ison/ Susie Hudson |
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About Utilitywise
Utilitywise is a leading independent utility cost management consultancy. The Group has established trading relationships with a number of major UK and European energy suppliers and provides services to its customers designed to assist them in achieving better value out of their energy contracts, reduced energy consumption and a lower carbon footprint.
Utilitywise is a UK company quoted on the AIM market of the London Stock Exchange. For more information, please visit www.utilitywise.com.