Michelmersh Brick Holdings PLC Board Changes (4413T)
20 July 2015 - 4:01PM
UK Regulatory
TIDMMBH
RNS Number : 4413T
Michelmersh Brick Holdings PLC
20 July 2015
Michelmersh Brick Holdings Plc
("MBH" or the "Group")
Board Realignment
Michelmersh Brick Holdings Plc (AIM: MBH), the specialist brick
manufacturer and landfill company, is pleased to provide an update
on the future management of operations and the structure of its
Board.
From 1 January 2016, Frank Hanna, currently Commercial Director
and Peter Sharp, Group Operations Director, will jointly share the
role of Chief Executive Officer. Martin Warner who currently sits
in this role will remain an Executive Director but will move to
Deputy Chairman.
From the proposed date, Frank and Peter will be responsible for
day-to-day operations of the Group and charged with continuing to
drive the Group forward in the next phase of Michelmersh's
development.
Frank Hanna has been an Executive Director of the Company since
2010 and has over 24 years of brick industry experience. He has
also chaired the Brick Federation and Promotional Working Party
within the Brick Development Association. Peter Sharp has been with
Michelmersh for 10 years and joined the main board in May 2011. He
is qualified through the Institute of Directors and has a diverse
range of skills and qualifications in construction, management and
technical matters.
Eric Gadsden, Chairman, commented: "The Board has thought for
some time about the future of the Group and we are confident that
Frank and Peter will thrive under the additional responsibility and
provide benefits for the Group and its stakeholders. They both have
an excellent understanding of the business and, as a team, will
provide a diverse range of key skills for the successful future of
Michelmersh.
"I would also like to take this time to thank Martin for his
hard work and dedication to the Group in his outgoing role. He has
been crucial to the development of Michelmersh and the benefits
that we have seen come into fruition in the past year. We are
pleased that Martin remains fully committed to the Group and has
agreed to continue in an Executive role as Deputy Chairman. "
Enquiries:
Michelmersh Brick Holdings
Martin Warner, CEO
Stephen Morgan, Finance Director 01442 870227
Cenkos Securities plc
Bobbie Hilliam (NOMAD)
Harry Pardoe
Oliver Baxendale (Sales) 020 7397 8900
Yellow Jersey PR
Dominic Barretto 07768 537 739
Kelsey Traynor 07799 003 220
Further information on the Company can be found at www.mbhplc.co.uk.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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