6th Dec 2007 07:00
Punch Taverns PLC06 December 2007 Punch Taverns plc Re: Directorate The Board of Punch Taverns plc ("Punch" or "the Group") today announces theappointment of two new directors to the Board, with immediate effect. William Anthony ("Tony") Rice joins the Board as a Non Executive Director. Aged55, Tony has many years' experience at board level with some of the UK's leadingcompanies. He spent 16 years with BAE Systems (formerly British Aerospace)where he had various roles from 1986 to 2002, culminating in the role as GroupManaging Director of Commercial Aircraft responsible for the UK Airbus andCommercial Aircraft Business. He then spent three years at Tunstall plc asChief Executive from 2002 until its sale to Bridgepoint in 2005. Tony iscurrently Joint Managing Director and Finance Director of Cable & Wireless plcwhere he is responsible for all Corporate functions as well as structuring anddriving performance of business units to realise future value. Tony was also a Non Executive Director and Chairman of the Audit Committee atCable & Wireless from 2003 to 2006 and at Telewest from 2000 to 2003. The Directors are also pleased to announce the appointment of Ian Wilson, aged49, as a Non Executive Director. Ian has over 20 years' experience as acorporate lawyer and investment banker. Ian was an Elected Partner at Baker &McKenzie's Sydney office in 1986 where he specialised in corporate finance andtaxation. From there he had 14 years at UBS Australasia, initially as ExecutiveDirector Private Equity from 1986-1993, before moving on to become DeputyChairman and Managing Director in UBS Australia/NZ Corporate Finance operationsfrom 1993-2000. Ian is currently Strategic Development Director of Amcor Limited, theAustralian-based leading global speciality plastics packaging company, where hehas been responsible for overall strategic development of the Group since 2000.He has also been Chairman of Amcor Flexibles Europe A/S since 2002 and Chairmanof TMF-Group BV, the Amsterdam-based administrative services outsourcingbusiness, since 2005. Finally, Randy Shure will resign from the Board on 16 January 2008, the date ofthe Group's 2008 Annual General Meeting, after 10 years as a Non ExecutiveDirector. No further information is required to be disclosed in respect of Tony Rice andIan Wilson pursuant to Listing Rule 9.6.13R (1) to (6). Peter Cawdron, Chairman, said: "I would like to take this opportunity to thank Randy Shure for his wise counseland contribution to Punch over the last 10 years and to welcome both Tony Riceand Ian Wilson to our Board. Tony and Ian bring with them a wide range ofcorporate expertise which will further benefit Punch as we take the Groupforward to the next stage of its development." 6 December 2007 Enquiries: Punch Taverns plc Tel: 020 7255 4002Giles Thorley, Chief ExecutiveNeil Preston, Company Secretary College Hill Tel: 020 7457 2020Justine WarrenMatthew Smallwood This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Punch Taverns PLC