15th Sep 2006 10:59
Rank Group PLC15 September 2006 15 September 2006 The Rank Group Plc Alun Cathcart to retire as non-executive Chairman The Rank Group Plc ('Rank' or 'the Group') announces that Alun Cathcart is toretire as non-executive Chairman following the appointment of a successor. TheGroup has commenced the search for his successor and expects to conclude thisprocess by the time of its 2007 Annual General Meeting. Alun Cathcart joined Rank as Chairman in May 2001. He has overseen a period oftransformation as Rank has exited a number of non-core businesses to focus onbuilding strong positions in gaming and leisure. Alun Cathcart said: "Rank is now emerging from a period of transition with aclear strategy to drive the business forward. I have great confidence in themanagement team and in the prospects for the Group." Ian Burke, Chief Executive of Rank, said: "Alun has led the board of Rank withdistinction over the past five years, playing a major role in the transformationof the Group from a diversified leisure conglomerate to a focused gaming andleisure business. On behalf of the board of Rank I would like to thank him forhis commitment and hard work." -END- Enquiries The Rank Group PlcDan Waugh, Director of Investor Relations Telephone 020 7535 8031 M: CommunicationsNick Fox/Lisa Gordon Telephone 020 7153 1530 Notes to Editors Biography of Alun Cathcart Alun Cathcart is Chairman of Avis Europe plc and Palletways Group Limited. Hefirst joined Avis Europe in 1980, and as Chief Executive led the company throughtwo successful flotations, in 1986 and 1997. He became a non-executive directorof Emap plc in June 2005 and was appointed Chairman in July 2006. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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