Directorate Change
28 Março 2003 - 4:02AM
UK Regulatory
RNS Number:3253J
Marlborough Stirling PLC
28 March 2003
28th March 2003
Marlborough Stirling
Board change
Marlborough Stirling announces that Graham Coxell, Chief Executive, is leaving
the company by mutual agreement.
Huw Evans, Chairman and founder, will assume the responsibilities of Chief
Executive until a suitable external candidate is appointed. Huw Evans founded
Marlborough Stirling in 1987 and, as Chief Executive, led the growth of the
company from then until October 2000. There are no other changes to either the
Board or executive management.
Trading in early 2003 is in line with expectations announced at the time of our
annual results on 4th March 2003.
Commenting, Huw Evans, said:
"Graham has made a major contribution to Marlborough Stirling over many years.
He has led the company through a period of significant growth and change,
including the I.P.O. and the successful completion of 2 key strategic
initiatives: the acquisition and integration of Exchange FS, the UK's leading
financial services intermediary platform, and the transformation in scale of our
outsourcing capability. The Board and everyone else at Marlborough Stirling
wish him well for the future.
Marlborough Stirling remains well positioned to take advantage of the
significant opportunities available within the financial services market. We
have an unparalleled depth of understanding of our markets and are committed to
being a key enabler of transformation in financial services."
The company anticipates giving a further update on trading performance in May at
the time of the Annual General Meeting.
Enquiries
Marlborough Stirling +44 (0)1242 547000
Bob Beveridge, Finance Director
Huw Evans, Chairman and Chief Executive
Citigate Dewe Rogerson +44 (0)20 7638 9571
Toby Mountford
Alex Brown
This information is provided by RNS
The company news service from the London Stock Exchange
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