Stanley Gibbons Group PLC Change of CEO (3686T)

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RNS Number : 3686T

Stanley Gibbons Group PLC

22 July 2022

THE STANLEY GIBBONS GROUP PLC

(the "Group")

Change of CEO

The Stanley Gibbons Group PLC today announces that Graham Shircore, Group CEO will be stepping down on September 12(th) 2022 to return to work at Phoenix Asset Management Partners, the Group's majority shareholder. It is anticipated that Graham will become a non-executive director of the Group at this stage

The Board is pleased to announce that Tom Pickford will replace Graham as CEO at that time. Tom has a wealth of experience in delivering successful business growth and a strong track record in the digital world. Combined with a strong focus on sales and customers, the Board believes that Tom has the ideal mix of abilities required for the next stage in the Group's journey which began with its recapitalisation just over four years ago.

Harry Wilson, Group Chairman, commented: "I am delighted that Tom has accepted the opportunity to lead the Group in the coming years as we continue to build on the progress made in recent times and accelerate the progress towards our ambitious longer-term goals."

"I would like to thank Graham for his hard work and achievements over the last four years during what has been one of the most challenging periods in retail history. I am pleased that the Group will continue to benefit from his input as a non-executive director as we move into the next phase of our development."

Graham Shircore, Group CEO, said: "With many of the issues we have faced over the last four years hopefully behind us, the business now has the opportunity to build on its wonderful brands. With this in mind, now is the right time to hand over to someone with the skillset required to realise this potential. It has been a privilege to lead this wonderful business over the last four years and I look forward to being able to continue to help Tom and the rest of my colleagues in any way I can."

 
 
   For further information, please contact: 
 
 The Stanley Gibbons Group plc                Tel: +44 (0)207 
                                               836 8444 
 Graham Shircore 
 Harry Wilson 
 
 Liberum (Nominated Adviser and Broker)       Tel: +44 (0)203 
                                               100 2000 
 Andrew Godber 
 Edward Thomas 
 

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July 22, 2022 02:00 ET (06:00 GMT)