Stobart Group Limited Board Appointment (7059U)

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RNS Number : 7059U

Stobart Group Limited

01 April 2019

1 April 2019

STOBART GROUP LIMITED

('Stobart Group' or 'the Company')

Board Appointment

Stobart Group, the Aviation, Energy and Civil Engineering group, is pleased to announce the appointment of Lewis Girdwood as Chief Financial Officer and Executive Director with effect from 1 April 2019.

Since 2017 Lewis has served as Chief Financial Officer to IAG Cargo, which provides global cargo services to British Airways, Iberia, Aer Lingus and other IAG airlines. Prior to that, he was Head of Financial Planning and Analysis at easyJet, responsible for financial business partnering across the airline.

Lewis has also held senior finance roles at Premier Foods PLC, British Bakeries Ltd and Racal Electronics Group International.

Following Lewis' appointment, Interim Chief Financial Officer Michael Williamson will step down from his position following a short handover.

Warwick Brady, Chief Executive Officer, Stobart Group, commented:

"I am delighted that Lewis is joining Stobart Group. He will bring a wealth of relevant experience as we continue to implement our ambitious growth plans and provide the framework to deliver the Company's strategy.

"I also want to thank Michael Williamson for his support over the last six months, during which time we have reported growth in our operating divisions, secured new debt facilities and successfully bid for the assets of Flybe."

The Company confirms that there is no further information required to be disclosed pursuant to paragraph 9.6.13 of the UK listing rules.

Enquiries:

   Stobart Group Limited                                                  C/o Newgate Communications 

Charlie Geller, Head of Group Communications

   Newgate Communications                                           [phone] 

Robin Tozer [e-mail]

Ian Silvera

Fiona Norman

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April 01, 2019 08:45 ET (12:45 GMT)