15th Aug 2005 10:34
Great Portland Estates PLC15 August 2005 15 August 2005 Great Portland Estates appoints Finance Director Great Portland Estates plc, announces the appointment of Timon Drakesmith asFinance Director with effect from 12 September 2005. He was previously GroupDirector of Financial Operations at Novar plc after 13 years of investmentbanking experience most recently as a managing director at Credit Suisse FirstBoston. Commenting on the appointment, Richard Peskin, Chairman, said: "We are very pleased to welcome Timon to the Great Portland Board as FinanceDirector, bringing with him strategic and corporate finance skills which willcomplement the existing management team." There is nothing which requires disclosure in relation to Mr. Drakesmithpursuant to Rule 9.6.13 of the Listing Rules. Contacts: Great Portland Estates plcToby Courtauld Chief Executive 020 7612 1442 Finsbury GroupEdward Orlebar 020 7251 3801Charlotte Hepburne-Scott Note to editors Timon Drakesmith, 40, graduated from Bristol University in 1986. Later that yearhe joined Deloitte Haskins & Sells where he qualified as a chartered accountant.After 4 years he moved to Barclays de Zoete Wedd to become a director in thecorporate finance division during which time he co-founded the InternationalEquity Execution Group and spent 2 years in New York. In 1997 he joined CreditSuisse First Boston where he was involved in the strategic review andrefinancing of a number of European and US Corporates before becoming head ofthe bank's new European sell-side M&A group. After 13 years in investmentbanking, Timon joined Novar plc as finance director of the Electrical DevicesDivision before becoming Group Director of Financial Operations in 2004 and amember of the Executive team that co-ordinated Novar's hostile bid defence andsubsequent sale to Honeywell International Inc. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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