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Share Name | Share Symbol | Market | Type |
---|---|---|---|
AVE SA | ASE:AVE | Athens | Ordinary Share |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.011 | -2.31% | 0.465 | 0.465 | 0.479 | 0.479 | 0.465 | 0.479 | 3,346 | 14:52:19 |
RNS Number:3955T Avis Europe PLC 18 December 2003 Press Release Embargoed for 0700 18th December 2003 Avis Europe plc Appointment of Chief Executive Avis Europe plc, the leading car rental company in Europe, Africa, the Middle East and Asia is pleased to announce the appointment of Murray Hennessy as Chief Executive for the Avis Group. Murray, who is 42, joins us from the John Lewis Partnership, where he is currently Commercial Director. He joined them in 2001 when John Lewis bought buy.com, with whom he was CEO, to develop John Lewis Direct. His previous experience includes executive appointments with Tricon Global restaurants, initially as Chief Financial Officer and latterly as VP and General Manager for Europe. In this role he was responsible for the company-owned, franchise and joint venture operations of Pizza Hut and KFC restaurants across 28 countries. He joined Tricon from PepsiCo restaurants, where as VP Supply Chain, he pioneered a successful world wide strategic sourcing programme in the early nineties. Murray started his career in 1984 with management consulting firm, Bain and Co., working on assignments in the US, Japan and Europe. Murray has an MBA from Harvard Business School, a degree in Economics from Williams College in Massachusetts and a degree in political science from Institut d'Etudes Politiques in Paris. He holds Irish and American nationality and is fluent in both French and Spanish. We expect Murray to join us during March 2004. Alun Cathcart will continue in his interim Chief Executive role until Murray joins and will remain as an active support to Murray and the company thereafter. Sir Bob Reid, Chairman, commented: " We are delighted to have secured Murray for this important appointment. He brings a wealth of international top management experience in areas that have particular relevance to our company, including management of multi- site consumer facing international businesses, franchise management, internet sales and strategic sourcing." No further details as required under chapter 16.4 of the FSA listing rules remain to be disclosed. For further information please contact: Alun Cathcart, Interim Chief Executive, Avis Europe plc, +44 (0) 1344 426644 Ben Foster, Financial Dynamics, +44 (0) 7776 240806 This information is provided by RNS The company news service from the London Stock Exchange END BOAFFDFWWSDSESE
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