5th Oct 2007 16:16
Lonrho PLC05 October 2007 5th October 2007 Lonrho Plc ("Lonrho" or the "Company") Board Changes Lonrho (AIM: LONR), the conglomerate with a structured portfolio of Africaninvestments, today announces that Geoffrey White, who joined the Company on 1stJune 2007 as Chief Operating Officer, has today been appointed as ChiefExecutive Officer and a director of the Company. Mr David Lenigas remains Executive Chairman and continues to lead the Company.He will work closely with Geoffrey White whose primary role will be to managethe day to day operations of the Company. Geoffrey White has over 25 year's experience working in senior management roleswith Thomas Tilling Plc, BTR Plc and Dee Corporation Plc. During the past fouryears he has worked for the private office of His Highness Sheikh Khalifa AlThani in London. Geoffrey has previously worked with Hilton International, FordMotors (PAG), Praton International GmbH, FFS Refiners (pty) Ltd, SengaminesSarl, Oryx Natural Resources, African Mining Investments Limited and PegasusEnergy Limited. Additionally Mr Martin Horgan has today resigned as a Non-Executive Director ofLonrho to concentrate on his other business activities. David Lenigas, Executive Chairman said: "I am extremely pleased that Geoffrey has taken on the role of CEO; this was amove that has been planned from the time he joined Lonrho. Geoffrey's Africanexpertise has been an invaluable asset to Lonrho as we grow the business andseek to maximise shareholder value. "I would also like to thank Martin for his significant contribution to theCompany and we wish him well in the future." ENQUIRIES Lonrho Plc +44 (0) 20 7016 5105 David Lenigas, Chief Executive +44 (0)7881 825 378 Emma Priestley, Executive Director +44 (0)7867 785 177 Pelham PR Charles Vivian +44 (0) 20 7743 6672 +44 (0) 7977 297903 Alisdair Haythornthwaite +44 (0) 20 7743 6676 +44 (0) 7714 721379 Collins Stewart Europe Hugh Field +44 (0) 20 7523 8350 Jonny Sloan The current directorships of Geoffrey Trevor White (aged 46) are: CarbonPaidLimited, Grenville Investments Ltd, Lonrho Air (B.V.I.) Ltd, Nare Diamonds Ltdand SA Independent Liner Services Ltd. The previous directorships of Geoffrey Trevor White are: African Business Group,AMMCO Pty SA, Dutyfirst Trading Limited, Gulf Environment, Hilton Salalah SAOG,International Services Limited, MEAD, Oryx Natural Resources, Pegasus EnergyLimited and Sengamines Sarl. There are no further disclosures to be made regarding Geoffrey White inaccordance with the AIM Rules. About LONRHO: Lonrho Plc is an expanding conglomerate that is rapidly growing a successfulbusiness throughout Africa. The Company is listed on the London AIM stockexchange (LONR). Lonrho is strategically focused on the development of businessopportunities in infrastructure, transportation, support services and naturalresources. The Company has over 20,000 shareholders and substantialinstitutional backing to support its mandate to build a profitable business thatplays a fundamental role in the development of the African economy. Since 2006, the Company has invested in or acquired control of: • Hotel Cardoso - www.hotelcardoso.co.mz (retained) • Nare Diamonds - www.narediamonds.com • Luba Freeport - www.lubafreeport.com • Fly540 - www.fly540.com • Norse Air - www.norseair.co.za • Swissta Holdings - www.swissta.com • SA Independent Liner Services • Bytes & Pieces This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Lonrho