17th Mar 2005 07:00
Kesa Electricals plc17 March 2005 Thursday 17 March 2005 Kesa Electricals announces the appointment of its new Finance Director Kesa Electricals plc today announces the appointment of Simon Herrick as FinanceDirector. The appointment is effective from March 31, when he will also join theBoard. Simon Herrick succeeds Martin Reavley who, as previously announced, leaves theGroup at the end of the month following his election as First Bursar by theFellows of Kings College Cambridge. Announcing the appointment, Group Chief Executive, Jean-Noel Labroue said:"I am very pleased to announce the appointment of Simon Herrick as FinanceDirector. Previously he was Chief Financial Officer of PA Consulting Group andjoined Kesa as Director of Finance and Treasury a year ago and he has beenworking closely with Martin since then in all financial aspects of our business." "I would also like to thank Martin for the outstanding contribution he has made,both to the demerger from Kingfisher and in putting in place the financialinfrastructure required for a listed company and we wish him every success inhis new role." ENDS Enquiries Kesa Electricals plcAnnabel Donaldson +44 (0) 20 7269 1400 FinsburyAlex Shorland-Ball +44 (0) 20 7251 3801 Notes: There is no information in 6F.2(b) to (g) of the Listing Rules of the UKListing Authority that is required to be disclosed in relation to Simon Herrick. Note to editors: Simon Herrick BiographySimon (42) trained as an accountant with Price Waterhouse in London beforemoving to Paris in 1990 to work for Alcatel Alsthom and subsequently PepsiCo,Inc. Since returning to London in 1997 with PepsiCo International as Europeandirector of forecasting and planning, he has held senior finance roles withinHays plc and Regus plc, where he was group financial controller involved in thegroup's flotation on the London Stock Exchange and NASDAQ. Simon joined PAConsulting Group in 2001 as chief financial officer. He is a member of the Institute of Chartered Accountants of England and Wales,holds a masters degree in business administration from the University of Durhamand graduated from the University of Newcastle upon Tyne in 1985 with an honoursdegree in microbiology. Kesa ElectricalsKesa Electricals is Europe's third largest electrical retailing group operatingthrough 790 stores in seven European countries. Its key brands include Darty andBUT in France and Comet in the UK. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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