3rd Dec 2007 07:00
Serco Group plc appoints Non-Executive Director
Serco Group plc ('Serco') today announces the appointment of Tom Corcoran as a Non-Executive Director. Tom will take up this post as of today, December 3, 2007.
With 40 years of global business experience Tom brings a wealth of knowledge, particularly in the US aerospace and defense contracting industry. He is currently Senior Advisor, The Carlyle Group, a Washington, DC, based private equity firm and he is President of Corcoran Enterprises, LLC, a management consulting firm.
Tom has held a variety of senior positions in the aerospace, defence and electronics industries including Chairman and Chief Executive Officer of Allegheny Teledyne and President and Chief Operating Officer of Lockheed Martin's Electronic and Space Sectors. During his 26 year tenure with General Electric Tom held a number of senior management positions including Vice President and General Manager of GE Aerospace operations.
He holds other Non-Executive Director positions on the boards of Aer Lingus Ltd., L3 Communications Holdings Inc, Labarge Inc, REMEC Inc. and ARINC Inc., a Carlyle Group owned company.
In addition to joining the Board, Tom will sit on the Remuneration, Audit, Nomination and Training and Development committees.
Kevin Beeston, Serco's Chairman said: "We are delighted that Tom is joining us. He has worked in the government contracting markets for more than 30 years and has a keen appreciation for market trends as well as specific customer sets within the US defense contracting industry."
Ends
For further information please contact Dominic Cheetham, Corporate Communications Director, Serco Group plc on +44 (0)1256 745900
Notes to Editors
* Serco is a leading international service company, operating in a broad range of sectors including aerospace, defence, education, health, home affairs, local government, science, technology, transport and the commercial sectors. * To comply with paragraph 16.4 of the UK Listing Authority Listing Rules, the company confirms that that there are no matters requiring disclosure in relation to paragraphs 9.6.13R of the Listing Rules.
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