Business
Board Changes
Board Changes.
About this update from Mj Gleeson Plc
[{"type":"text","content":"\n RNS Number : 0326K Gleeson(M J)Group PLC 12 December 2008 \n \n\n\n12 December 2008\n\nM J GLEESON GROUP PLC\n\nBoard Changes\n\n\nResignation of Paul Wallwork as Group Chief Executive\n\nGleeson (GLE.L), the urban regeneration and strategic land specialist, announces the resignation of Paul Wallwork as Group Chief Executive with effect from 31 December 2008. \n\nPaul Wallwork, ACA, BA (Hons), 46, was appointed to the Board in January 2006 as Group Finance Director. He was appointed Group Chief Executive in January 2007 having previously served as Interim Group Chief Executive since July 2006. He previously held senior financial and management roles with Inchcape plc and senior financial roles with Brent International plc. \n\nDermot Gleeson, Non-executive Chairman, stated 'I would like to thank Paul for his strong and energetic leadership of the Gleeson Group through an extremely challenging period. He has ensured that the Group is well placed to meet the tough challenges faced by all housebuilders in the current market conditions.'\n\nAppointment of Group Chief Executive\n\nGleeson is pleased to announce the appointment as Group Chief Executive, with effect from 1 January 2009, of Chris Holt who, since 1 May 2007, has been Group Finance Director and prior to that held the position of Interim Group Finance Director from August 2006. \n\nNicholas Christopher Holt, BSc, MBA, CIMA, 57, has obtained a wealth of financial and management experience at senior level with internationally renowned businesses, namely Foster Wheeler (1987-2005) and Bechtel (1975-87). \n\nDermot Gleeson, stated 'As Group Finance Director, Chris has made a hugely important contribution to the successful restructuring of the Group, and his skills and experience mean that he is very well equipped to provide the effective leadership that Gleeson will continue to need in an exceptionally difficult economic environment.'\n\nAppointment of Group Finance Director\n\nTo replace Chris Holt, Gleeson is pleased to announce the appointment of Alan Martin as Group Finance Director with effect from 1 January 2009. Alan is currently Group Financial Controller, a position he has held si...