Celtic PLC Resignation of financial director (0495X)
26 August 2015 - 12:30AM
UK Regulatory
TIDMCCP
RNS Number : 0495X
Celtic PLC
25 August 2015
25 August 2015
CELTIC PLC (the "Company")
Resignation of Eric Riley as financial director and appointment
as non-executive director
The directors of the Company wish to announce the resignation of
Eric Riley as financial director of the Company with effect from 31
December 2015. Eric, who was diagnosed with Parkinson's disease and
prostate cancer in 2011, has been finance director for over 21
years.
To assist with a smooth transition to a new financial director,
with effect from 1 January 2016 Eric will be appointed as a
non-executive director of the Company. Eric will fulfil this role
until 30 June 2016 at which point he will step down as a
non-executive director of the Company. Eric will also remain as a
non-executive director of The Celtic Football and Athletic Company
Limited.
The Company is in the process of identifying and recruiting a
suitable replacement for Eric as financial director and will make
further announcements in this regard in due course.
Commenting on the announcement, Chairman, Ian Bankier said: "We
would like to thank Eric for his huge commitment to the Company as
financial director. Eric has served Celtic with distinction for
over 21 years and will continue to do so until his retirement from
the Company. During his time here, he has played a vital role in
the development and growth of the Company and has also made a very
meaningful and unstinting contribution to the successful promotion
of the game in Scotland. We are grateful that Eric has agreed to
stay on the board until the end of the financial year. The Company
and the new financial director will greatly benefit from his
knowledge and experience during this period".
Enquiries:
Michael Nicholson, Company Secretary, Celtic plc 0141 551 4298
Canaccord Genuity Limited, Nominated Adviser
Bruce Garrow 020 7523 8350
This information is provided by RNS
The company news service from the London Stock Exchange
END
BOASEWFLIFISEEA
(END) Dow Jones Newswires
August 25, 2015 10:30 ET (14:30 GMT)
Celtic (LSE:CCP)
Historical Stock Chart
From Apr 2024 to May 2024
Celtic (LSE:CCP)
Historical Stock Chart
From May 2023 to May 2024