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Resignation of Director
04/03/2005
The board of Jarvis plc announces that Alistair Rae, Group Finance Director, has decided to stand down from the board from today and will leave the Group in the near future after a suitable handover period.The Chairman of Jarvis plc, Steven Norris, said: “I am very grateful to Alistair for the crucial work he did in taking over the finance function at a critical time in the company’s history. He has made a significant contribution to the Group’s ability to survive over the last twelve months. My colleagues and I wish him well for the future.“ Alan Lovell, Group Chief Executive, said: “I want to thank Alistair for the outstanding contribution he has made to the Group. He has been central to the Group’s success in maintaining the support of its lenders and agreeing extensions of their facilities. Having decided that he does not want to transfer from London when the headquarters relocates to York, Alistair leaves with the good wishes of the board and his executive team colleagues. He is leaving the finance function in the capable hands of Alasdair Marnoch, new Chief Financial Officer, and Kjell Karlsen, Deputy Finance Director. Contact details: | Paul Downes | Merlin | 020 7653 6620 | | Bridget Fury | Merlin | 020 7653 6620 |
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