7th Mar 2013 07:00
7 March 2013
Alternative Networks plc
("Alternative Networks" or the "Group")
Appointment of Chief Financial Officer ("CFO")
Alternative Networks is pleased to announce that Gavin Griggs, aged 41, has been appointed as Chief Financial Officer, with effect from 8 April 2013. He will take over from Charles Baker, who was appointed Interim CFO on 1 January 2013.
Gavin was most recently Group Financial Controller at Logica plc. Prior to that, he held a variety of divisional Finance Director roles at Sodexo and PepsiCo and was Head of Group Finance, Planning and Analysis at SABMiller plc. His early career was with British Sugar, where he qualified as a Management Accountant.
Edward Spurrier, Chief Executive Officer said:
"I am delighted that Gavin is joining us and I welcome him to our Board. Gavin has had an excellent grounding for this role, and has extensive experience in commercial finance and M&A, as well as over 10 years of senior financial accounting roles. At Logica, whilst Group Financial Controller, he shared the duties of the CFO for a six month period, and I am confident that he will strengthen our executive management team and contribute significantly to the Board."
Save as disclosed below, there are no other matters which are required to be disclosed in accordance with Rule 17 and Schedule Two paragraph (g) of the AIM Rules for Companies.
Current Directorships: none
Previous Directorships:
121 Holdings Limited
1900 Group Limited
Admiral Legal Systems Limited
Admiral Systems And Networks Limited
Admiral Training Limited
Cmg Computer Management Group (uk) Limited
Cmg Limited
Computer Answers Group Limited
121 Corporate Limited
Admiral Limited
Admiral Training Centres Limited
Admiral Trustees Limited
CMG UK (Holdings) Limited
Llex Group Limited
Itec Limited
Logica Business Services UK Limited
Logica Consulting Limited
Logica Cymru Limited
Logica Esis (uk) Limited
Logica Group Holdings Limited
Logica Holdings Limited
Logica International Projects Limited
Logica IT Services uk Limited
Logica Quest Trustees Limited
Logica Services UK Limited
Logica UK Limited
Logicacmg (software) Limited
Logicacmg Corporate Holdings Limited
Enquiries:
Alternative Networks 0870 190 7444
Edward Spurrier, Chief Executive Officer
Investec 0207 597 5970
Patrick Robb / Carlton Nelson
Pelham Bell Pottinger 0207 861 3112
Archie Berens
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