13th Jul 2007 11:08
Ideal Shopping Direct PLC13 July 2007 Ideal Shopping Direct PLC13 July 2007 Ideal Shopping Direct Plc New Non-Executive Chairman Ideal Shopping Direct plc today announces that David Williams will join itsBoard as Non-Executive Chairman with immediate effect. David has extensive experience as a non executive director in both the publicand private sectors. He has been Chairman of Slug & Lettuce plc, the SeniorIndependent Director at DX Services plc and a former Chairman of Wyevale GardenCentres plc. His most recent executive role was as Chief Executive Officer ofthe Thresher Group. He is currently chair of Accantia Ltd, a Duke Street investee business, anOperating Partner with Duke Street Capital LLP, and a non executive director ofMothercare plc and the Royal London Mutual Insurance Group. As previously announced in April, Jim Hodkinson, Chairman of Ideal ShoppingDirect plc since March 2004, therefore steps down from the Board today. Andrew Fryatt, Chief Executive, commented, I am delighted that we have been ableto recruit someone of David Williams' calibre to the Chairman role. Ideal hastremendous potential in a very dynamic market, and I am confident that he willlead the Board successfully and capitalise fully on those opportunities. David Williams commented, "Ideal Shopping is well positioned to take advantageof the growth in home shopping using both its strong TV based franchise as wellas its growing online business. I'm delighted to be joining the Board at thistime in the company's development and I'm looking forward to working with AndrewFryatt and the team." For further information, please contact: Ideal Shopping Direct Plc Tel: 08700 780 704Andrew Fryatt, CEO ReputationInc Tel: 020 7758 2800Tom Wyatt NOTES: 1. David Gay Williams, aged 60, has 30 years experience in the consumer, leisure and retail sectors. Between 2001 and 2004 he was Chief Executive Officer of the Thresher Group, where he led a £50mn improvement in EBITDA. Prior to this he had senior roles with Whitbread, PepsiCo and Diageo. 2. Mr Williams is also currently a director of: Accantia Ltd Mothercare plc Mothercare Employees Share Trust Limited Royal London Group 3. Mr Williams' previous directorships are: Agnew Stores Limited Cater Stoffell and Fortt Limited D&A Haddow Limited First Quench Retailing Limited Thresher and Company Limited Thresher Wines Financial Services Limited Thresher Wines Acquisitions Limited The Victoria Wine Company Limited Thresher Group Limited Slug and Lettuce plc Surrey Free Inns plc Wyevale Garden Centres plc Avebury Group Limited DX Services plc He holds no other directorships and there are no other matters requiringdisclosure under paragraph (g) of Schedule 2 of the AIM rules. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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