29th Mar 2007 16:42
Cashbox PLC29 March 2007 Cashbox PLC ("Cashbox" or "the Company") Board Changes Cashbox PLC (AIM: CBOX), the AIM listed independent ATM deployer and operator,is pleased to announce that it has strengthened its Board of Directors with theappointment of David Auger as Chief Financial Officer with effect from Monday 2April 2007. David will also become Company Secretary. David Auger is a chartered accountant, previously with PricewaterhouseCoopers,and has extensive public company experience through a number of senior groupfinance positions, including ICI, Invensys and more recently CP Ships, a US$4billion turnover company previously listed in Canada, where he held the positionof Group Financial Controller. David has been working with Cashbox sinceFebruary 2007. Darren Woolsgrove, the current CFO is moving to a more operational role whilethe search for a new Chief Executive is undertaken. Darren indicated a desire toultimately seek a new challenge after the successful flotation of Cashbox and isseeing through his commitments made at that time last year and will be steppingdown as a Director once the CEO search is completed. Anthony Sharp, Executive Chairman of Cashbox, commented: "We are delighted to have been able to appoint somebody of David's calibre asCFO. The expertise he brings with him from high profile organisations such asPricewaterhouseCoopers and ICI will be of great benefit to Cashbox as we growtowards profitability and beyond." David Auger, stated: "Cashbox is clearly at an exciting stage of its development and I look forwardto contributing to its future success." David Auger, aged 39, is currently a director of Seven One Films Limited andOwain Glyndwr Limited, and within the last five years was a director of SevenOne Development Slate Limited, CP Ships Number 1 Limited, CP Ships (Bermuda)Limited, CP Ships Holdings (Bermuda) Limited and Container Equipment LeasingLimited. - Ends - Cashbox PLC 0870 126 2274Anthony Sharp, Executive Chairman Threadneedle Communications 020 7936 9606Josh Royston/Graham Herring Seymour Pierce Ltd 020 7107 8000Jeremy Porter This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Cake Box Holdi.