Paragon Group Appoints Barclays Executive as Chief Operating Officer
July 24 2014 - 6:10AM
Dow Jones News
LONDON--Paragon Group Of Companies PLC (PAG.LN) Thursday
appointed a Barclays executive as its new chief operating officer,
and said that it remains confident of meeting expectations for 2014
after posting a 17% growth in operating profits for the first nine
months of the year.
The financial services company said Thursday that Pam Rowland
will join the group as chief operating officer in September. Ms.
Rowland is currently managing director of change delivery at
Barclays U.K. retail and business banking.
For the nine month period to June 30, the company it made a
operating profit of 88.3 million pounds ($150.58 million), up from
GBP75.7 million in the year ago period. Pretax profit for the
period totaled GBP88.8 million.
Shares of Paragon Group at 0748 GMT are trading slightly higher
at 341 pence
Write to Tapan Panchal at tapan.panchal@wsj.com
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