23rd Jan 2006 13:42
John Lewis Of Hungerford PLC23 January 2006 John Lewis of Hungerford plc(the "Company") Appointment of Executive Director The Company is pleased to announce the appointment of Malcolm Hepworth to the Board of John Lewis of Hungerford plc as a Director. In addition, Malcolm Hepworth will assume the executive responsibilities of Managing Director of the Company's business under a consultancy arrangement. John Lewis will remain Chairman with executive responsibilities in the areas of product design/development and marketing. Most recently as Chief Operating Officer of the Co-Operative Wholesale Society (including the position of Chief Executive of the Co-Operative Retail Trading Group, the national buying group for all independent co-operatives with combined annual sales of £5.5 BN), Malcolm successfully initiated a period of unprecedented change which included the successful merger of the CWS/CRS (the "Group"), the acquisition of the 600 store chain Alldays (adding significantly to the Group's existing 1800 stores) and six consecutive years of profit growth for the entire Group. Formerly Malcolm was Operations Director for Gateway Foodmarkets and has spent his entire career in retail businesses. John Lewis, Chairman, commented: "We are delighted that Malcolm has joined the John Lewis of Hungerford board and has agreed to become Managing Director. Going forward his wealth of retail experience and successful track record will be of immense value to John Lewis of Hungerford plc particularly during the present challenging trading climate." The Company is also in discussions with Malcolm Hepworth regarding incentive option arrangements as to which a further announcement will be made in due course. Malcolm Hepworth's details are set out below: - Full name: Malcolm Russell Hepworth Age: 51 Directorships held in the last five years: Company: Current/past:Findoption Limited CurrentMalcolm Hepworth Consultancy Services Limited CurrentAlldays Cash & Carry (North) Limited PastAlldays Cash & Carry Limited PastAlldays Holdings Limited PastAlldays Stores Limited Past (converted from a Company to a Registered Society)Bakers Newsagency Limited PastBalfour Convenience Stores Limited PastBalfour Corporate Trustee Company Limited PastBroadwood Books Limited PastClements Convenience Stores Limited PastCrieff Cash & Carry Limited PastDromore Purchase Limited PastGreen Belt Deliveries Limited PastHayden (newsagents) Limited PastHowden Papers Limited PastIsle of Man Cooperative Society Past Irish Agricultural Wholesale Society Past Jowitt Enterprise Limited PastKenneth Balfour Limited PastL B. Corne Limited PastLowther News Limited PastMeade Newspapers Limited PastNorpak Food Services Limited PastPercy Invoices Limited PastQuality Newsagents Limited PastRegal Gold Coffees Limited PastStillorgan Sales Limited Past There is no other information concerning Malcolm Hepworth that is required to be included under paragraph (g) of schedule 2 of the AIM Rules. 23 January 2006 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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