10th Jul 2006 10:29
Ricardo PLC10 July 2006 10 July 2006 Ricardo plc Appointment Of Group Finance Director Ricardo plc, the leading UK automotive engineering consultancy, is pleased toannounce the appointment of Paula Bell to the Board as Group Finance DirectorDesignate with effect from 9 October. Paula will be appointed Group FinanceDirector at the AGM on 10 November 2006. Paula Bell joins Ricardo from BAA plc, where she was Finance and PropertyDirector for Gatwick Airport. Her responsibilities included reorganising theproperty and finance teams, building up relationships with key clients, andhelping to deliver passenger growth. Prior to her position at BAA, Paula wasDirector of Finance at AWG PLC where she led the Group Finance function andmanaged the investor relations programme. Paula has significant experience of working in an engineering environment,having worked for Rolls-Royce PLC from 1989 to 2000. In 1994 Paula was promotedto Finance Director at Rolls-Royce Industrial Controls Ltd, the youngestDirectorate appointment made within Rolls-Royce at that time. She was promotedto an international divisional Finance Director role in 1997, before moving toRolls-Royce Power Group in 1998 as Business Development Director, leading themerger and acquisition activity mainly in China and India. In order to ensure a smooth handover, Paula will work closely with AndrewGoodburn prior to his retirement at the start of next year. There are no details regarding Ms. Bell that require disclosure under section9.6.13 (1) to (6) of the Listing Rules. Marcus Beresford, Chairman of Ricardo, said: "Paula has considerable experience working within UK Plc's, and we are confidentthat her broad experience base and strategic thinking skills will prove to be anasset to Ricardo. We welcome her to the Board." Enquiries: Ricardo plc Tel: 01273 455611Marcus Beresford, ChairmanDave Shemmans, Chief Executive www.ricardo.com Gavin Anderson & Company Tel: 020 7554 1400Fergus Wylie/Charlotte Stone This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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