25th Nov 2005 07:00
Huveaux PLC25 November 2005 HUVEAUX PLC CHANGES IN EXECUTIVE MANAGEMENT STRUCTURE Huveaux PLC today announces the following changes in its Board constitution andexecutive responsibilities: • Gerry Murray (52), currently UK Chief Executive, will become Group Chief Executive Officer with immediate effect;• David Horne, currently Group Finance Director and Company Secretary, has decided to leave the Company and will be replaced by Dan O'Brien (38) - both with effect from the 1 January 2006; and• Michael Arnaouti (45) will be appointed Company Secretary with effect from 1 January 2006. Commenting on the changes, John van Kuffeler, who continues as ExecutiveChairman, said: "As Huveaux continues to mature and develop, I am pleased to announce today astrengthened executive management structure and team to best position theCompany for the next stage of its development. We have promoted Gerry Murray toa new post of Group CEO to oversee the day-to-day operational performance of thebusiness which includes the integration of our new acquisitions. His appointmentwill allow me to focus more on the Group's strategy and direction over themedium to longer term. Gerry has been a main Board director and Chief Executive of our UK operationssince 1 November 2004 and has already made an immense contribution in that shorttime. He is highly respected and has an in-depth knowledge and experience of theindustry that made him the obvious choice for this new post. David Horne, who joined the Company in April 2003, has made a significantcontribution to the business in terms of putting in place the financialinfrastructure to support our growth and in executing on the first phase ofHuveaux's international expansion programme. With this now completed, David hasdecided the time is right for him to pursue other interesting opportunities. Hewill leave us in February 2006, after assisting with the 2005 financial year-endclosure, with our sincere thanks and best wishes. After a thorough search process, the Board is delighted to confirm theappointment of Dan O'Brien as the new Group Finance Director. We believe thatDan's strong technical skills and hands-on operational experience will enablehim to satisfy the Company's priorities for that position. He will also bring anew dimension and commitment to the Board. I am also delighted to confirm the appointment of Michael Arnaouti (45) asCompany Secretary. Michael brings with him more than 20 years quality experienceas Company Secretary with major corporates and plc's. His integrity and passionfor the job will ensure that the Board and the business continue to operate asefficiently and effectively as possible. Both Dan and Michael have already been part of the Huveaux senior managementteam since the early summer assisting with the Company's acquisition andsubsequent integration of both Epic and JBB Sante." There are no other matters to be disclosed pursuant to paragraph (g) of Schedule 2 to the AIM Rules. The Company will make a pre-close trading update during the week commencing 5December. For further information, please contact: John van Kuffeler, Executive Chairman 0207 245 0270James Leviton, Finsbury Limited 0207 251 3801 Notes for Editors re career histories of new appointees: • Gerry Murray - joined Huveaux in May 2004 following 10 years with Emap Plc where he spent 4 years as Chief Executive of Emap Business Publishing and was also a main board director. • Dan O'Brien - qualified as a Chartered Accountant with Deloitte & Touche in 1991 and during the past eight years has held senior financial positions with Hanson PLC, COLT Telecom and Eidos plc. Dan is an Economics graduate of Churchill College, Cambridge. • Michael Arnaouti - qualified as a Chartered Secretary in 1988 and his previous experience as Company Secretary includes RTZ Metals Group (3 years) and Spirent plc (14 years). He is a Business graduate of Bristol. Notes for Editors re Huveaux: Huveaux is a publishing and media group which operates through its Political,Learning and Professional Divisions. Since being admitted to AIM in December2001, the Company has successfully completed the acquisition of ninecomplementary businesses. Huveaux was founded by John van Kuffeler, formerly Chief Executive and nownon-executive Chairman of Provident Financial plc. 25 November 2005 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
DODS.L