7th Dec 2007 10:35
Cinpart PLC07 December 2007 7 December 2007 Cinpart Plc ("Cinpart" or the "Company") Appointment of CEO and Retirement of Non Executive Director Cinpart is pleased to announce the appointment of Kevin Francis Baker to thenewly created position of Chief Executive Officer ("CEO") with immediate effect.This follows his recent appointment to be board of Cinpart in June 2007. Following a review of the organization and structure of the senior managementteam at Cinpart, the Board determined that in order to continue the developmentof the current operation it was appropriate to make this appointment.. Kevin joined the subsidiary of Cinpart being Derlite Co Ltd in 2005 where he wasappointed as operations director before subsequently joining the board ofCinpart as executive director in June 2007. He has managed the reorganisation ofthe group and the associated changes in its operation. His skills and experience are now to be applied to the development of the Company. Kevin Baker, the new CEO commented: "Now that the company has established a sound base, I am looking forward witheager anticipation to the further development of Cinpart." The Board welcomesKevin to this new role. All disclosures in relation to Kevin Francis Baker, aged 56, for the purposes ofSchedule 2(g) of the AIM rules for Companies were disclosed upon his appointmentto the board of Cinpart in June 2007. There is no further information to beupdated for the purposes of Schedule 2(g) of the AIM rules for Companies. The Company also announces the retirement of Dr Lee Sharples as a Director. DrLee Sharples is one of the original directors of the Company and has made asignificant contribution over many years. The Board extends to Dr Sharples itssincere thanks and wishes him well in his retirement. Contact Kevin Baker/Philip Palmer - Cinpart Plc 020 7559 9715 Graeme Thom/Jonathan Evans - Zimmerman Adams International 020 7060 1760 Stephen Goschalk - Newland Stockbrokers 020 7290 2414 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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