Appointment of New CEO

    RNS Number : 3685Y
  Newfound N.V.
  04 July 2008
   

    Newfound N.V.
    ("Newfound" or the "Company")

    Appointment of new CEO
    
 
    Newfound N.V. is pleased to announce the appointment of Jayne McGivern as CEO with immediate effect.  

    Jayne McGivern, who is 47, joins the Company as Chief Executive Officer to lead a new management team. Jayne was previously Chief
Executive of Multiplex UK. Prior to joining Multiplex, she was Managing Director of Anschutz Entertainment Group in the UK, Redrow
Commercial Limited and Group Development Director of MWB Group plc. Jayne has extensive experience in delivering large development schemes
in several market sectors. 

    Jeremy White will stand down as interim Chief Executive Officer with immediate effect, but he will remain Chairman for a limited
handover period pending the appointment of a successor.

    Jeremy White, Chairman, said:
    "Jayne has a remarkable track record in property development and we believe that under her leadership Newfound's property assets in
Canada and the Caribbean will provide the foundation for a significant and successful company."

    In addition to her proposed directorship of the Company, Jayne McGivern holds or has held the following directorships, and is or was a
member of the following partnerships, during the past five years:

 Name                                 Current  Past directorships/partnerships
                               directorships/
                                 partnerships

 Jayne Eleanor McGivern    Sauchiehall Centre  Belgravia Acquisitions Limited
                                      Limited  Belgravia Property Company Limited
                                               Brookfield Cricklewood (UK) Limited
                                               Brookfield Cricklewood Investment
                                               (UK) Limited
                                               Brookfield Developments (UK) Limited
                                               Brookfield Living Limited
                                               Brookfield Property (UK) Limited
                                               Brookfield Property Services Limited
                                               Camelford Acquisitions Limited
                                               Chelsec Management Services Limited
                                               Choiceimage Limited
                                               Clickpack Limited
                                               Cookwork Limited
                                               Cricklewood Regeneration Limited
                                               D Cubed Holdings Limited
                                               D Cubed Property Limited
                                               Duelguide (Albert Embankment) Limited
                                               Duelguide (Bloomsbury) Limited
                                               Duelguide (Brompton Road) Limited
                                               Duelguide (Clink Street) Limited
                                               Duelguide (Lavington Street) Limited
                                               Duelguide (Newcastle) Limited
                                               Duelguide (St George Street) Limited
                                               Duelguide (Stockley Park) Limited
                                               Duelguide (UK) Limited
                                               Duelguide (Woburn Place) Limited
                                               Duelguide Acquisitions Limited
                                               Duelguide Commercial Acquisitions
                                               Limited
                                               Duelguide Commercial Investments
                                               Limited
                                               Duelguide Communications Limited
                                               Duelguide Developments Limited
                                               Duelguide GS Limited
                                               Duelgu

    There are no further disclosures required under paragraph (g), Schedule Two of the AIM Rules for Companies.

    Enquiries:

 Newfound N.V.
 Jeremy White, Chairman          [phone]

 Collins Stewart Europe Limited
 Adrian Hadden                   [phone]


    About Newfound:

    Newfound is a creator and operator of international luxury resorts and destinations.  The Company has a high quality portfolio of resort
projects at Humber Valley in Canada, and Pinney's Estate in Nevis and Ocean's Edge in St. Kitts, both in the Caribbean.

    Humber Valley Resort, with 2,200 acres, currently has over 210 privately owned properties the majority of which are available for rent. 
It is an all-season, luxury resort offering golf, world-class salmon fishing, sailing, skiing and a luxury spa.

    Newfound has an integrated business model based on destination master-planning, which generates revenues from multiple sources,
including freehold land sales, construction and development, services to owners, the provision of leisure activities and the operation of
concessions.

    Newfound is building an industry leading, world-class luxury lifestyle brand offering exceptional holiday experiences in luxurious
homes, situated in locations of outstanding natural beauty.

    www.newfoundresorts.com




This information is provided by RNS
The company news service from the London Stock Exchange
 
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