Fairpoint Group PLC Directorate Change (7960S)
28 December 2016 - 6:00PM
UK Regulatory
TIDMFRP
RNS Number : 7960S
Fairpoint Group PLC
28 December 2016
28 December 2016
Fairpoint Group plc
Directorate change
Fairpoint Group plc ("Fairpoint" or "the Group") announces that
Chris Moat, the Chief Executive Officer of Fairpoint, is stepping
down from the Board by mutual agreement with immediate effect.
Chris will provide continuing assistance on the closure of the
Group's Debt Management Plan business, which is scheduled to
complete in Q1 2017.
David Harrel, currently Non-Executive Chairman, will for the
interim period assume the role of Executive Chairman alongside
David Broadbent, Chief Financial Officer, who will assume a broader
range of responsibilities. The search for a new Chief Executive
Officer to lead the business has commenced and a further update
will be provided in due course.
For enquiries please contact:
Shore Capital (Nomad and Joint Broker)
Mark Percy 020 7408 4090
Edward Mansfield
Panmure Gordon & Co (Joint Broker)
Dominic Morley 020 7866 2500
Charles Leigh-Pemberton
MHP Communications
Reg Hoare fairpoint@mhpc.com
Katie Hunt
020 3128 8794
Fairpoint Group plc
David Broadbent, Chief Financial Officer 020 3128 8794
This information is provided by RNS
The company news service from the London Stock Exchange
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