19th Nov 2012 09:31
19 November 2012
Panmure Gordon & Co. plc
("Panmure Gordon")
Directorate change
Following the appointment of Phillip Wale as CEO of Panmure Gordon earlier this year, and the successful hand-over from Tim Linacre, the Board of Panmure Gordon and Mr Linacre, currently the Chairman of Investment Banking, have reached a mutual agreement that the time is right for him to leave the firm and he will be stepping down with immediate effect.
Ed Warner, Chairman, commented: "All of my Board colleagues thank Tim for his unstinting efforts on behalf of Panmure Gordon during his two decades with the firm and we wish him well for the future."
Tim Linacre commented: "It is a pleasure to depart knowing the business is in excellent shape. Panmure's transactions this year, including several IPOs, significant fundraisings and M&A mandates, are proof of the whole firm's ability to execute tremendously for its clients."
Enquiries:
| Panmure Gordon | ||
| Ed Warner, Chairman | 020 7886 2500 | |
| Nathaniel Webb, Communications Director | 07738 182900/020 7886 2886 | |
| FTI Consulting | ||
| Billy Clegg | 020 7269 7157 | |
| Ed Gascoigne-Pees | 020 7269 7132 | |
| Grant Thornton Corporate Finance (Nominated Adviser) | ||
| Gerry Beaney/Salmaan Khawaja/Jen Clarke | 020 7383 5100 | |
Copyright Business Wire 2012
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