Zindart Announces Change in Management
27 September 2005 - 10:00PM
Business Wire
Zindart Limited (NASDAQ: ZNDT) announced today that Peter Gardiner,
Executive Chairman of the Board and Chief Executive Officer, has
left the employ of the company effective immediately and has
resigned from the company's board of directors. The Board is
pleased to announce the appointment of George Volanakis as Chief
Executive Officer of Zindart Limited, effective immediately. Mr.
Volanakis was formerly the President and Chief Executive Officer of
Zindart's Corgi division, and prior to that has held senior
positions at various international toy companies for over 35 years.
The Board also announced the appointment of John Clough, an
independent director of the Board, as Non-Executive Chairman of the
Board. Mr. Gardiner will not be standing for re-election at the
Annual General Meeting on Tuesday, Sept. 27, 2005.
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