Business
Main Board Executive Appointment
Main Board Executive Appointment.
About this update from Character Group Plc
[{"type":"text","content":"\n \n\n\n\n\n\nRNS Number : 2772C Character Group PLC 03 March 2011 \n \n\n \nIssued by Citigate Dewe Rogerson, Birmingham\nDate: Thursday 3 March, 2011 Immediate Release\n \n \nThe Character Group plc\n('Character', 'Company' or 'Group')\n \nMain Board Executive Appointment\n \nThe Group's strategy over the last few years has included a policy of focusing on strategic brands and licensed products, where the business can bring into play its expertise in character licensing, product and brand development. This approach has been very successful, as evidenced by the growth in Group revenue and profits.\n \nAt the same time, the Group has also focused on a slow build up of overseas sales as we develop suitable products and licenses. Over this period, line management has materially developed in both experience and skill and has played a significant role in the considerable progress of the Group.\n \nThe Directors believe that the Group's management team contains individuals, who given more responsibilities and time, will play an increasingly important role in the future running of the Group.\n \nWith this in mind, Character is pleased to announce the appointment of Michael Spencer Hyde (Mike Hyde) as an Executive Director of the Company and joins the Board with immediate effect. Currently, Mike is managing director of Toy Options (Far East) Ltd, Character Games (Far East) Ltd and Charter Ltd, all of which are wholly owned subsidiaries of the Group; Mike holds no other directorships at this time nor has he held any other directorships in the last five years. \n \nMike (aged 36) has been in charge of the Group's Far East operations&nbs...