CPPGroup Plc Directorate Change (4889U)
30 July 2015 - 6:00PM
UK Regulatory
TIDMCPP
RNS Number : 4889U
CPPGroup Plc
30 July 2015
CPPGroup plc
30 July 2015
APPOINTMENT OF PERMANENT CEO
CPPGroup plc (CPP or the Group), the international assistance
business, is pleased to announce that, following receipt of
regulatory approval, Stephen Callaghan has been appointed Chief
Executive Officer of the Group on a permanent basis with immediate
effect. With Stephen's appointment to the Board, Roger Canham
reverts to a non-executive role as Chairman of the Group.
Stephen has an established track record for leading
international business transformations with significant and
relevant experience in growing technology-enabled customer service
businesses. Stephen is non-executive director of Lumata Holdings
Ltd, a global leader in mobile paid content, Navtech Radar Ltd, a
manufacturer of commercial radar solutions, and Ceres Power
Holdings plc, the AIM-listed developer of fuel cell technology.
Roger Canham, Non-Executive Chairman, commented:
"We are delighted to have secured Stephen Callaghan's services
as CPP's Chief Executive Officer on a permanent basis. CPP has
strong foundations with a well-established presence in the UK and a
growing international footprint, but there is much to do if we are
to achieve a more focused, sustainable and profitable future for
this business. Stephen has a proven track record of driving
improved business performance and the Board looks forward to
supporting Stephen as he continues to lead the Group forward."
Stephen Callaghan commented:
"We have three clear priorities in the short term: revenue
generation, business transformation, and cost reduction.
Concurrently with these initiatives we need to set a clear
direction for the business and this will require a strong and
committed team. We have the core of that team in place now but in
the coming weeks and months will strengthen the team to help drive
the Group forward. We are pushing ahead at pace and my over-riding
priorities will be to ensure that we continue to develop valuable
customer propositions, and grow our talent to take full advantage
of the opportunities that lie ahead of us, and to create
shareholder value."
Enquiries
CPPGroup Plc
Roger Canham, Non-Executive Chairman
Lorraine Beavis, Group Company Secretary
Tel: +44 (0)1904 544500
Media
Tulchan Communications: Martin Robinson
Tel: +44 (0)20 7353 4200
Nominated Adviser and Broker
Numis Securities Limited: Robert Bruce; Stuart Skinner; Charles
Farquhar
Tel: +44 (0)20 7260 1000
Further information
Stephen James Callaghan, 54, is or has been a director in the
following companies.
Current directorships:
Steve Callaghan Services Limited
Navtech Radar Limited
Ceres Power Holdings plc
Ceres Power Intermediate Holdings Limited
Holyoake Hall Management Company Ltd
Lauderdale Mansions (East) Limited
Guestfleet Limited
Lumata France SAS
Lumata Digital India Private Limited
Lumata Italia Srl
Spitfire Holding NV
Lumata UK Limited
Lumata Holdings Limited
Lumata Newco 2 Limited
Previous directorships:
Clarity Commerce Solutions Ltd
DigiPoS Store Solutions (Holdings) Ltd
DigiPoS Store Solutions International Ltd
Ceres Power Ltd
Ceres Intellectual Property Company Ltd
Anker Systems Limited
Torex Canada Limited
Torex Retail Anker GmbH
Torex Retail NV
Torex Retail A/S
Torex Retail OY
Torex Retail Solutions GmbH
Torex Retail BV
Torex Retail Solutions BV
Torex Retail AB
Torex Retail Anker GmbH
Torex US, Inc
The Board confirms that Stephen Callaghan has all of the
requisite regulatory approvals. There are no further disclosures
required pursuant to Schedule 2, paragraph (g) of the AIM Rules for
Companies in respect of the proposed appointment of Stephen
Callaghan to the Board of CPPGroup Plc.
Notes to Editors
CPPGroup Plc (CPP or the Group) is an international assistance
business operating in the UK and overseas. CPP primarily operates a
business-to-business-to-consumer (B2B2C) business model providing
products and services to customers through Business Partners and
direct to consumer. The Group's core assistance products help to
provide security and are designed to make everyday life easier to
manage.
For more information on CPP visit www.cppgroupplc.com
REGISTERED OFFICE
CPPGroup Plc
Holgate Park
York
YO26 4GA
Registered number: 07151159
This information is provided by RNS
The company news service from the London Stock Exchange
END
BOARLMFTMBBTBIA
Cppgroup (LSE:CPP)
Historical Stock Chart
From Apr 2024 to May 2024
Cppgroup (LSE:CPP)
Historical Stock Chart
From May 2023 to May 2024