12th Dec 2006 09:00
Home Retail Group Plc12 December 2006 12 December 2006 Home Retail Group plc Board Appointment Home Retail Group plc, the UK's leading home and general merchandise retailer,announces that Penny Hughes joined its Board on 11 December 2006 as anon-executive director. Oliver Stocken, Chairman of Home Retail Group, said: "I am very pleased towelcome Penny to Home Retail Group. Her considerable experience in retail andconsumer marketing and as a non-executive director make her a strong addition toour Board." Penny Hughes said: "I am delighted to become a non-executive director of HomeRetail Group. It is a very exciting time to be joining as it establishes itselfas an independent company. Home Retail Group has two very strong businesseswhich, I believe, offer great potential for future growth." Penny Hughes is a non-executive director of Reuters Group PLC, GAP Inc andSkandinaviska Enskilda Banken. In accordance with the Listing Rules, Home Retail Group confirms that there areno matters relating to Penny Hughes that would require disclosure under LR9.6.13R (2) to LR 9.6.13R (6). Enquiries: Home Retail Group Steve O'Brien 01908 296334 Finsbury Alice Macandrew 020 7251 3801 -ENDS- Notes to Editors: Penny Hughes spent 10 years with Coca Cola, initially as Marketing Director thenrising to become President, Coca Cola UK and Ireland. Over the last 10 years,Penny has gained experience as a non-executive director on the Boards of anumber of significant international businesses including Vodafone, TrinityMirror and Body Shop. Currently, she serves on the Board at Reuters, the Boardof GAP Inc, where she is the first non-American Board Director and the Board ofSwedish bank Skandinaviska Enskilda Banken. She is also a member of the AdvisoryBoard of Bridgepoint Venture Capital and President of the AdvertisingAssociation. Penny has a BSc in Chemistry from Sheffield University. About Home Retail Group Home Retail Group is the UK's leading home and general merchandise retailer withsales of over £5.5 billion in the last financial year. It sells products undertwo distinctive and complementary retail brands, Argos and Homebase. Argos is a unique retailer recognised for choice, value and convenience. Itsells over 17,000 general merchandise products for the home through its networkof 670 stores, online and over the phone. Argos' internet site, www.argos.co.uk,is the second most popular internet retail site in the UK. Homebase is the UK's second largest home improvement retailer and is recognisedfor choice, style and customer service across the wider home enhancement market.It has more than 300 large, out of town stores, which sell over 30,000 products,as well as a growing internet offering at www.homebase.co.uk. Argos and Homebase are supported by an in-house financial services business,Financial Services, which provides a range of credit and insurance products totheir customers through all customer-facing channels of stores, online and overthe phone. Financial Services is one of the largest store card providers in theUK, having over one million active store card customers This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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