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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
John Lewis Of Hungerford Plc | LSE:JLH | London | Ordinary Share | GB0004773148 | ORD 0.1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 1.35 | 1.00 | 1.70 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMJLH
RNS Number : 1826O
John Lewis Of Hungerford PLC
03 November 2016
John Lewis of Hungerford plc
Board changes
John Lewis of Hungerford, manufacturer and retailer of prestige kitchens and bedroom furniture, announces the resignation of Mr Kenneth McNaught as a non-executive director of the Company and the appointment of Mr Gary O'Brien as his replacement as Chairman with immediate effect.
Mr McNaught had decided not to put himself forward for reappointment as Chairman at the next AGM due to the time commitment he considered the role required which conflicted with his other responsibilities.
Mr O'Brien worked with companies such as Allied Lyons, Granada Group and Black & Decker and has over 15 years public company experience. He joined Max Factor in 1982 as Deputy Managing Director and Finance Director. Already experienced in business transformation, Gary built Max Factor into one of the most profitable divisions in the worldwide operation at the time. He moved on to join the Board of the Burton Group in 1986 before joining the Signet Group as Group Finance Director in 1990. More recently he has focussed on working with smaller businesses and has been involved in a management and advisory capacity within corporate finance, telecommunication, IT and financial services marketing businesses. He is currently involved in the Internet, Retailing and Property arenas. Mr O'Brien is a member of the Chartered Institute of Management Accountants and the Institute of Directors.
John Lewis, founder and non-executive director, said 'We are sorry to see Ken leave the Company and I would personally like to thank him for the contribution he has made in the period he has been with us. We are however pleased to be able to announce his replacement Gary O'Brien who has a strong finance background but also a wealth of experience in consumer goods and high street retailing in some of the UK's most recognised and successful businesses.'
Enquiries: John Lewis of Hungerford plc John Lewis , Non Executive Director 01235 774 300 Smith & Williamson Corporate Finance Limited Martyn Fraser 0117 376 2213 Katy Birkin 0207 131 4000
Gary O'Brien (aged 66) has been a director of the following companies during the five years preceding the date of this announcement:
Current directorships Previous directorships Chiltern Glasgow Developments Chiltern Management Limited Limited Cresney Limited C Management Limited T D I Corporation Limited Cm Event Management Limited Cepacs (Europe) Limited Facia Limited Cepacs Construction Buckingham Lofts Management Limited Limited Cepacs Homes Limited S B&T (UK) Limited International Social Chiltern Overseas Limited Commerce Limited First Partner Solutions Geraldonline Limited Limited Tci Infrastructure (Africa) Limited Winter Hill Fifty Five Limited
Mr O'Brien was an executive director of Facia Limited at the time it was placed into administration in May 1996. A liquidator was appointed subsequently.
No further information is required to be disclosed pursuant to Schedule Two paragraph (g).
This announcement is inside information for the purposes of Article 7 of Regulation 596/2014.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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(END) Dow Jones Newswires
November 03, 2016 03:01 ET (07:01 GMT)
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