Stobart Group Limited Board changes (6676D)
08 Luglio 2016 - 11:04AM
UK Regulatory
TIDMSTOB
RNS Number : 6676D
Stobart Group Limited
08 July 2016
STOBART GROUP LIMITED
('Stobart' or 'the Group')
Board changes
Stobart, the infrastructure and support services group,
announces changes to its Board to address the opportunities within
its growing Energy Division.
Ben Whawell, who has been the Group's Chief Financial Officer
for nine years, will become Chief Executive Officer of Stobart's
Energy division. This change of focus for Ben will provide the
Energy Division with strong, experienced, dedicated leadership at a
very important phase of its development. The Energy Division is
expected to see strong growth over the next two years as existing
fuel supply contracts come on stream to meet the demand from new
biomass power generating plants as they are commissioned.
In order to be fully focussed on leading the Energy Division,
Ben will step down from the Board on 8 July 2016. The recruitment
of a new Chief Financial Officer for the Group is well advanced and
Ben will continue to support the Board and the finance function
throughout the transition. A further announcement will be made in
due course.
Enquiries:
Redleaf Communications 020 7382 4730
Emma Kane Stobart@redleafpr.com
Charlie Geller
Sam Modlin
influence Associates 020 7287 9610
Stuart Dyble
James Andrew
This information is provided by RNS
The company news service from the London Stock Exchange
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