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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Ashley (laura) Holdings Plc | LSE:ALY | London | Ordinary Share | GB0000533728 | ORD 5P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.35 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
RNS Number:8339K Ashley (Laura) Hldgs PLC 08 May 2003 8 May 2003 Laura Ashley Holdings plc ("the Company") Announcement of Board Changes Laura Ashley today announces that KC Ng has resigned as Chief Executive Officer of the Company with effect from 1st June 2003. He will, however, remain on the Board as a Non-Executive Director. The Board has appointed Ms Ainum Mohd-Saaid as a director with immediate effect. Ms Ainum Mohd-Saaid and Ms Rebecca Annapillai Navarednam have been appointed joint Chief Executive Officers (CEOs) with effect from 1 June 2003. The new joint CEOs bring considerable experience to the Company. Ainum Mohd-Saaid (aged 57) is a senior lawyer who has held the position of Attorney General in Malaysia and has also held the position of Executive Director/Chief Operating Officer of a successful retail fashion group in that country. Rebecca Navarednam (aged 56) is a Fellow Member of the Institute of Chartered Accountants in England and Wales. She was General Manager of a leading bank in Malaysia and has held the position of Chief Financial Officer at Corus and Regal Hotel Group plc. Commenting on these changes, Dr Khoo, Chairman of Laura Ashley said: "I would like to take this opportunity to thank KC Ng for his contribution to Laura Ashley during a difficult time in its evolution." "We have chosen to split the CEO's role because of the unique skills that the new joint holders of this position bring to the Company. Their roles will be distinct, with clear lines of reporting within the business, and I am confident that this structure will allow us to accelerate our strategy as a successful retailer in the UK and a franchisor and licensor of the Laura Ashley brand in the rest of the world" Enquiries: David Walton Masters Non-Executive Deputy Chairman, 020 7404 5959 Laura Ashley (8 May only) Tom Buchanan / Brunswick 020 7404 5959 Katya Reynier Notes To Editors: Biographies of both Ainum Mohd-Saaid and Rebecca Navarednam are attached to this release. An interview with David Walton Masters, non-Executive Deputy Chairman of Laura Ashley Holdings plc, in video/audio and text will be available from 07:00 on Thursday 8 May on: http://www.lauraashley.com and on http://www.cantos.com Biographies: Ainum Mohd-Saaid Ainum, aged 57 years is an LL.B (Hons) Graduate of the University of Singapore, and an LL.M (Magna Cum Laude) Graduate of the University of Brussels. Ainum was the Treasury Solicitor for the Malaysian Federal Treasury before she was seconded to World Bank as Counsel of their Legal Department. In the private sector, she was the Executive Director/Chief Operating Officer of Metrojaya Berhad, a successful retail fashion group listed on the Kuala Lumpur Stock Exchange, before she was appointed Deputy Chief Executive of the Securities Commission, Malaysia. Ainum then went on to become the Attorney General of Malaysia. In the UK, she has held the position of Chief Legal Advisor for both Laura Ashley Holdings plc and Corus & Regal Hotels plc. Rebecca Annapillai Navarednam Rebecca, aged 56, is a Fellow Member of the Institute of Chartered Accountants in England & Wales and an Associate member of the Institute of Cost & Management Accountants. She started her career as a Chief Internal Auditor in the Bank of Commerce Berhad, a Malaysian Bank, where she rose to the position of Assistant General Manager. She then joined Sime Bank Berhad, another Malaysian Bank as a General Manager. In the UK, Rebecca has held the position of Chief Financial Officer with Corus and Regal Hotels plc. This information is provided by RNS The company news service from the London Stock Exchange END BOASSSSSASDSELI
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