Become a Member
  • Track your favourite stocks
  • Create & monitor portfolios
  • Daily portfolio value
Sign Up
Quickpicks
Add shares to your
quickpicks to
display them here!

Statement re Directors responsibilities

16th Aug 2007 11:30

16 August 2007 FIRSTGROUP PLC BOARD DIRECTOR RESPONSIBILITIES

We are pleased to announce that with immediate effect Dean Finch, Group Finance Director, will assume the role of Chief Operating Officer - North America with responsibility for all of our North American businesses. This will be a temporary assignment for an anticipated period of 12 months during which time Dean will lead all aspects of the integration of our acquisition of Laidlaw International, Inc. and the delivery of the synergies of the enlarged North American business.

In this new role Dean will remain on the Board of FirstGroup plc, and will spend most of his time each month in the US. Therefore, during this period, he will temporarily relinquish his role as Group Finance Director. Nick Chevis, currently Group Financial Controller, will assume the position of Acting Finance Director whilst Dean is seconded to this important role.

Commenting, Moir Lockhead, Chief Executive said: "This is an exciting phase in the development of FirstGroup and this temporary assignment for Dean is evidence of the Board's great confidence in his abilities. I congratulate him on the appointment and know that he will accomplish the task of integrating the Laidlaw business and preparing the way for the successful future development of our enlarged North American business."

Contact:

Rachael Borthwick, Group Corporate Communications Director

Tel: +44 (0) 7771 945 432

FIRSTGROUP PLC

Related Shares:

Firstgroup
FTSE 100 Latest
Value8,415.25
Change7.81