Last checked at 7 Oct 2010 16:10
Worthington Group plc ("Worthington" or the "Company")
Directorate Change
Worthington Group plc announces that David Shalom yesterday resigned as Finance Director with immediate effect.
David has performed the role at Worthington on a part time basis for over five years but feels that, given the increasing demands on his time that would be required as the Company moves forward with a number of opportunities currently being evaluated, now would be an appropriate time to concentrate on his other business interests and stand aside.
Commenting on the change, Peter Townsend, CEO of Worthington, said: "I would like to thank David for the services he has provided over a number of years to the Company and for his support since my appointment. I respect David's decision to step down as the Company moves into the next phase of its development. I am delighted, however, that he will remain as a consultant to enable us to draw on his skills and considerable knowledge of the Company."
Peter Townsend will remain as CEO and will in addition perform the duties of Finance Director until such time as a replacement is sought. PD Cosec Limited has today been appointed as Company Secretary.
Enquiries:
Anne Aylesbury
PD Cosec Limited
Company Secretary
Worthington Group plc
Tel: +44 (0)208 940 0963
Website: www.worthingtongroupplc.co.uk