Business
Chief Executive Succession
Chief Executive Succession.
About this update from Harworth Group Plc
[{"type":"text","content":"\n UK Coal PLC\n30 May 2007\n\n\n30 May, 2007\n\n\n\n UK COAL\n Chief Executive Succession\n\n\nUK COAL PLC ('UK COAL' or 'the group') today announces the intention of Gerry\nSpindler, Chief Executive, to step down from the Board of UK COAL on the\n1st September, 2007, and to leave the group at the end of this year. The Board\nannounces that Jon Lloyd, currently the group's Property Director, is appointed\nChief Executive designate with effect from June 1st, 2007, and will become Chief\nExecutive of the group on 1st September this year. It also announces that Kevin\nWhiteman, Chief Executive of Kelda Group, will join the Board of UK COAL as a\nnon-executive director as of June 1st, 2007.\n\n\nDavid Jones, Chairman, said:\n\n'Gerry has led UK COAL through a transformational change and has delivered an\noutstanding performance since he became Chief Executive in October 2004. He has\nplaced our mining business on a far firmer footing and, with the development of\nour property management team and strategy, he has also put in place a much\nstronger platform for future value creation. We will be sad to see him leave,\nbut we entirely understand his desire to return to the USA\n\n\n'The Board undertook a thorough process of evaluating both internal and external\ncandidates and is delighted to announce Jon as Chief Executive designate. The\nBoard congratulates him on this appointment. Since Jon joined us in July last\nyear, he has more than demonstrated his leadership skills and wide expertise to\nrealise the very large store of value we have identified in our property estate.\nWe are very confident in the future of the group under Jon's leadership.\n\n\n'On behalf of the Board, I would also like to welcome Kevin. His experience and\nmining background will further strengthen our Board as we move through the Chief\nExecutive transition and beyond.'\n\n\nKevin Whiteman has been a director of Kelda Group plc since September 2000. No\nother information is required to be disclosed pursuant to Listing Rule 9.6.13 in\nrelation to Mr Whiteman's appointment as a non-executive director.\n\n\nEnquiries\nCitigate Dewe Rogerson: Tel: 020 7638 9571\n\nAnthony Carlisle Mobile: 07973 611 888\nLaure Lagrange Mobile: 07768 698 731\n\n\n\nNotes to Editors\n\n\nGerry Spindler (59) joined the Board of UK COAL as a non-executive director in\nOctober 2001 and...