Numis Corporation PLC Board Changes (3658M)
July 28 2017 - 2:01AM
UK Regulatory
TIDMNUM
RNS Number : 3658M
Numis Corporation PLC
28 July 2017
28 JULY 2017
Numis Corporation Plc
Board Changes
The Board of Numis Corporation Plc ("Numis") today announces the
following changes:
Simon Denyer will stand down from the Board in January 2018 and
will be succeeded by Andrew Holloway. After more than 11 years with
the firm, Simon has decided to leave the business to pursue other
opportunities but will provide a thorough handover to his successor
before he departs. The appointment of Andrew Holloway as an
Executive Director and Chief Financial Officer is subject to
regulatory approval.
Lorna Tilbian has informed the Board of her decision to leave
the Company after more than 16 years of service in order to pursue
other opportunities. She will stand down from the Board with effect
from 30 September 2017 and will leave the business on 31 December
2017.
Marcus Chorley will stand down from the Board with effect from
30 September 2017. Marcus will remain within the business in his
current role of Chairman of Equities and continue to serve as
executive director of the subsidiary company board of Numis
Securities Limited.
Commenting on the changes, Alan Carruthers, Chairman of the
Board said:
"The Board is enormously grateful to both Simon and Lorna for
the significant contribution they have each made to the development
and success of Numis. On behalf of the entire Board, I wish them
well in their individual endeavours.
As sign-posted in the Company's most recent annual report and
accounts, the composition of the Board has been subject to further
review during 2017. Consequently, it is being streamlined to
reflect a more balanced mix of executive and non-executive
directors as was seen prior to the beginning of the firm's CEO
succession planning which completed last year. As a result, Marcus
has agreed to stand down. I would like to thank Marcus for his
service to the Board and look forward to his continuing valued
contribution to the Equities business.
The Board strongly believe that Andrew has the attributes to
make a positive contribution to the continued development of Numis
in the role of Chief Financial Officer. I look forward to welcoming
him to the Board in due course".
END
Contacts
Alex Ham and Ross Mitchinson 020 7260 1425
Co-Chief Executive Officers
Brunswick:
Nick Cosgrove 020 7404 5959
Simone Selzer 020 7404 5959
Grant Thornton UK LLP (Nominated Adviser):
Philip Secrett 020 7728 2578
Harrison J Clarke 020 7184 4384
Notes to Editors
Andrew Holloway joined Numis in 2009 and has played a prominent
role in the development of the Corporate Broking & Advisory
department, most recently as a Managing Director and Head of the
FIG sector. Prior to joining Numis, Andrew worked in corporate
finance roles at Dresdner Kleinwort and Deloitte where he qualified
as a Chartered Accountant.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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