Business
Derwent London appoint new Fi
Derwent London appoint new Fi.
About this update from Derwent London Plc
[{"type":"text","content":"\n RNS Number : 3879G Derwent London PLC 01 February 2010 \n \n01 February, 2010\n\nDERWENT LONDON PLC (\"Derwent London\" / \"Company\")\n\nDamian Wisniewski joins Derwent London as Finance Director\n\nDerwent London confirms that Damian Wisniewski has today formally been appointed as Finance Director of the Company. Damian succeeds Chris Odom whose intention to retire after almost 22 years as the Company's Finance Director was announced on 30 September 2009. As previously indicated, to ensure a smooth handover, Chris will remain an employee of Derwent London until the Annual General Meeting in May 2010. \n\nDamian qualified as a chartered accountant with Ernst & Young in 1986 and subsequently spent 13 years at Chelsfield plc, initially as head of finance and from 2003 as Group Finance Director. He joins Derwent London from Treveria Asset Management where he was Finance Director. Prior to that Damian served as Chief Operating Officer of the Wood Wharf Limited Partnership (2005 to 2008).\n\nThere is no disclosure to be made under LR 9.6.13 of the FSA Handbook.\n \nJohn Burns, Chief Executive of Derwent London, said:\n\n\"I am very pleased to welcome Damian to Derwent London. His considerable experience in the sector will enable him to make a significant contribution to the group and I am looking forward to working with him.\n\n\"I would also like to express my appreciation to Chris Odom for the enormous contribution he has made to the group over the last 22 years. I have enjoyed working with him and wish him well for his retirement. Chris leaves Derwent London with a robust balance sheet which will enable management not only to continue delivering superior growth from the existing portfolio, but also to exploit future opportunities.\n\nDamian Wisniewski, Finance Director of Derwent London, said: \n \n“I am joining Derwent London at an exciting time in its development. I look forward to working alongside John and th...