Utilitywise plc Directorate Change (2178O)
09 October 2012 - 5:00PM
UK Regulatory
TIDMUTW
RNS Number : 2178O
Utilitywise plc
09 October 2012
9October 2012
Utilitywise plc
("Utilitywise" or the "Company")
Appointment of Michael Dent
Utilitywise, a leading independent utility cost management
consultancy is pleased to announce the appointment of Michael Dent
to the new role of Sales and Marketing Director. Mr Dent, who takes
up his position in December of this year, will also join the PLC
Board.
Michael joins from Total Gas & Power where he has worked
since 2003, most recently as Director, Sales and Marketing. In this
role he has been responsible for annual sales revenue of over GBP2
billion, with significant margin improvement, managing a team of
circa 100 people. In particular he oversaw substantial growth in
sales to SME's. In his previous role as Head of Strategic Sales he
helped develop Total Gas & Power as a key supplier to the UK
Government. Prior to this Michael spent six years with Northern
Electric and Gas plc, which became part of RWE Npower.
Commenting on his appointment, Geoff Thompson, Chief Executive
of Utilitywise, said: "Securing an individual of Michael's calibre
is a real coup for Utilitywise and underlines the ambition that we
have for this Company. He has an incredible track record of driving
sales and margin growth and his knowledge and expertise in this
sector will prove invaluable to our clients, staff and
organisation."
Michael Dent stated: "Utilitywise has established an excellent
reputation in a short space of time and I'm excited to be joining
such a dynamic team. I've known the company for some time through
its relationship with Total Gas & Power and been impressed with
their levels of service and commitment to solving their clients'
energy needs."
Michael Anthony Dent, aged 38, has no further information to be
disclosed under schedule 2 (g) of the AIM rules.
For further information:
Utilitywise PLC 0870 626 0559
Geoff Thompson, CEO
Adam Thompson, COO
Andrew Richardson, CFO
finnCap (NOMAD and broker) 0207 220 0500
Matt Goode / Charlotte Stranner / Henrik Persson
(Corporate Finance)
Simon Johnson (Corporate Broking)
Hub Capital Partners Ltd 020 7535 1710
Stephen Bourne
Newgate Threadneedle 020 7653 9850
Josh Royston /John Coles/ Hilary Millar
Notes to Editors
Utilitywise is a leading independent utility cost management
consultancy based in South Shields, Tyne and Wear. The company has
established trading relationships with a number of major UK energy
suppliers and provides services to its customers designed to assist
them in achieving better value out of their energy contracts,
reduced energy consumption and lower carbon footprint.
Businesses large and small rely on Utilitywise for their energy
management needs. Clients range in size from high street shops to
multinationals with thousand of sites and cover the whole of the
UK. In total, Utilitywise manages over 50,000 energy meters with an
overall energy spend of approaching GBP200 million per annum.
Utilitywise is a UK company quoted on the AIM market of the
London Stock Exchange. For more information, please visit
www.utilitywise.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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