4th Aug 2008 07:00
SDL PLC
("SDL" or "the Company")
Appointment of Chief Financial Officer
Maidenhead, U.K. - Monday 4 August 2008 - SDL plc, a leader in the emerging market for Global Information Management (GIM) solutions, today announces that Alastair Gordon, the current Chief Financial Officer, will shortly be retiring. SDL is pleased to announce the appointment of John Hunter as his successor, with effect from 1 September 2008. John will also serve on the Board of Directors. Prior to Alastair's departure, there will be a sufficient period of overlap in order to ensure an orderly handover.
John has held a number of senior financial and management positions in Europe, Asia and the US. Most recently he was the Chief Financial Officer of ICI Paints, a leading global decorative business with a turnover of approximately £2.5 billion, and previously the CFO of Quest International and ICI Far Eastern and Commercial Director for the global adhesives business in National Starch. These roles have embraced evolving global organisations where the emphasis has been on developing structure and systems, with strong support to commercial operations and the strategic direction of the businesses.
SDL confirms that there are no matters requiring disclosure in relation to paragraphs 9.6.13 (1) to (6) of the Listing Rules of the UK Listing Authority.
Mark Lancaster, Chairman and Chief Executive of SDL plc, commented:
"The Board would like to thank Alastair for his considerable input into the Group's organic and strategic development in the 10 years since he joined SDL.
"We are pleased to welcome John as CFO of SDL and look forward to working with him to further develop the growth and momentum of the group. His financial and commercial experience is expected to contribute significantly to the management and success of the business going forward."
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Contacts:
SDL plc |
Tel: 01628 410 127 |
Mark Lancaster, Chairman and Chief Executive |
|
Financial Dynamics |
Tel: 020 7831 3113 |
Juliet Clarke/Helen Thomas |
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