Park Group PLC Confirmation of CEO Appointment (3403D)
30 January 2018 - 10:27PM
UK Regulatory
TIDMPKG
RNS Number : 3403D
Park Group PLC
30 January 2018
30 January 2017
Park Group PLC
("Park" the "Company" or the "Group")
Confirmation of CEO Appointment
Further to the announcement on 15 November 2017 of the intended
appointment of Mr. Ian O'Doherty to succeed Mr. Chris Houghton as
Chief Executive Officer of Park, Park is pleased to announce that
the Financial Conduct Authority (FCA) has approved the appointment.
FCA approval was the only condition to the appointment of Mr.
O'Doherty.
Therefore, Mr. O'Doherty will take over as Chief Executive
Officer on 1 February 2018 and join the Board of Park on that
date.
Mr. Houghton will step down from both the Board and as Chief
Executive Officer accordingly. As previously announced, Mr.
Houghton will remain in an advisory capacity until the announcement
of the Company's full year results in June 2018, and he will
continue to ensure an orderly handover and smooth transition.
For further information please contact:
Park Group plc Arden Partners Tavistock
plc
Chris Houghton Steve Douglas Andrew Dunn
Benjamin Cryer Jeremy Carey
Sophie Praill
Tel: 0151 653 Tel: 020 7614 Tel: 020 7920
1700 5920 3150
This information is provided by RNS
The company news service from the London Stock Exchange
END
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