17th Jul 2007 07:01
Informa PLC17 July 2007 17 July 2007 Informa plc Departure of Director Informa plc announces that its Finance Director, Anthony Foye has decided hewould like to seek new opportunities outside the Group. He will remain in hisrole and as a member of the Informa board in order to achieve a smoothtransition of responsibilities, which is likely to be until the end of thecurrent financial year. An external search process is now being initiated forhis successor. Anthony, who is 44, has been Finance Director of Informa sinceits merger with Taylor & Francis in May 2004. Prior to this he had held the sameposition at Taylor & Francis, having first joined in 1987. Peter Rigby, Chairman said, "The board of Informa is extremely appreciative ofTony's contribution to the Group. He has played a significant role in buildingInforma into a highly successful and growing information business. I amparticularly grateful for the critical parts he played during the merger ofInforma and Taylor & Francis and the acquisition of IIR, both of which wereexecuted rapidly and according to plan. He is set to leave the Group at a time of record profitability and with the business in robust financial health. Theacquisition of Datamonitor opens up the next chapter of our growth. "After twenty years with the Group, his decision to seek different opportunitiesis understandable and I wish him well. His desire to remain with the Companyuntil the end of the year to ensure a smooth transition is typical of hiscommitment." Tony Foye said: "I have had twenty great years at Taylor & Francis and Informaduring which time the businesses have developed on all fronts. I am proud tohave been associated with the Group which has already achieved so much and ispositioned to continue to develop strongly in the years ahead, but I feel thatthe time is now right for me to seek new challenges." ENDS Further Enquiries: Informa plc Tel: 020 7017 5000 Peter Rigby, Chairman Tony Foye, Finance Director Maitland Tel: 020 7379 5151 William Clutterbuck Emma Burdett Notes to Editors: Informa provides specialist, high value information to the global academic &scientific, professional, and commercial markets via Publishing, Events andPerformance Improvement. At the heart of every Informa product and service isresearch-based, proprietary information for a targeted, expert audience. Informapublishes approximately 2,500 subscription based products and services deliveredelectronically and in hardcopy, and 45,000 books. Each year Informa producesover 12,000 events around the world, powered by a marketing database of over 20million contacts. It has an unparalleled portfolio of brands including LloydsList, Routledge, Taylor and Francis, IIR, IBC, AchieveGlobal, ESI and Euroforum.Informa operates in 80 countries and employs over 7,500 people. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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