Walker Greenbank PLC Appointment of Chief Executive Officer (8123R)
March 05 2019 - 2:02AM
UK Regulatory
TIDMWGB
RNS Number : 8123R
Walker Greenbank PLC
05 March 2019
5 March 2019
WALKER GREENBANK PLC
("Walker Greenbank" or the "Company")
Appointment of Chief Executive Officer
Walker Greenbank PLC (AIM: WGB), the luxury interior furnishings
group, is pleased to announce the appointment of Lisa Montague, a
highly experienced luxury goods executive, as Chief Executive
Officer, completing the re-shaping of the Board of Directors. Lisa
will join the Company as an Executive Director on 11 March 2019 and
become Chief Executive Officer on 10 April 2019.
Lisa has significant experience of leading and developing UK and
international brand-based businesses with manufacturing and
multi-channel distribution. Her early career was in sales and
marketing in the fashion and textiles industry.
Lisa was chief operating officer of Mulberry Group plc, the
AIM-quoted leather goods brand, from 2003 to 2009, having joined
the business as brand director in 2000. Lisa left Mulberry to
become chief executive officer of Madrid-based international
fashion brand Loewe SA, where she worked for seven years. Loewe is
part of the major luxury brands group LVMH, listed on the Euronext
Paris exchange. Most recently Lisa was chief executive officer of
Aspinal of London Group Ltd, the multi-channel leather goods
brand.
On 10 April 2019, when Lisa starts as Chief Executive Officer,
Dame Dianne Thompson, currently a Non-Executive Director of the
Company, will become Non-Executive Chairman and Christopher Rogers,
currently Interim Executive Chairman, will return to his role as
Non-Executive Director. On the same date Terry Stannard will step
down from his role as a Non-Executive Director of the Company. The
Board would like to thank Terry for his contribution to the
development of the Company and his dedication as Chairman for nine
years.
Christopher Rogers, Interim Executive Chairman of Walker
Greenbank, said:
"Dianne and I are delighted to welcome Lisa Montague to Walker
Greenbank as the Company's Chief Executive Officer. Lisa brings a
huge amount of experience from luxury and aspirational brand-based
businesses and has particular strengths in brand development,
commercial strategy and international growth. This appointment,
which follows our recent appointment of Dianne Thompson as
Chairman, completes the re-shaping of the Board and secures the
next stage in the development of the Company with the objective of
delivering value for shareholders."
The following information is disclosed pursuant to Schedule Two
paragraph (g) of the AIM Rules for Companies. Lisa Kimberley
Montague (55 years of age) has been a director or partner of the
following companies during the five years preceding the date of
this announcement:
Current directorships Past directorships
None Aspinal of London Group Limited
Aspinal of London Limited
Loewe Hermanos (UK) Limited
There is no further information to be disclosed pursuant to Rule
17 or Schedule Two paragraph (g) of the AIM Rules for
Companies.
For further information:
Walker Greenbank PLC +44 (0) 1895 221068
Christopher Rogers, Interim Executive
Chairman
Caroline Geary, Company Secretary
Investec Bank plc (Nominated Adviser
and Broker) +44 (0) 20 7597 5970
David Anderson / Alex Wright - Corporate
Finance
Henry Reast / Richard Short - Corporate
Broking
Buchanan +44 (0) 20 7466 5000
Mark Court / Sophie Wills / Catriona
Flint
Notes for editors:
About Walker Greenbank
Walker Greenbank PLC is a luxury interior furnishings company
that designs, manufactures and markets wallpapers, fabrics and
paints. In addition, the Company derives significant licensing
income from the use of its designs on a wide range of interior
products such as bed linen, rugs and tableware.
Walker Greenbank's brands include Sanderson, Morris & Co,
Harlequin, Zoffany, Scion, Clarke & Clarke and Studio G.
The Company has a strong UK manufacturing base, comprising a
wallpaper factory in Loughborough and a fabric printing factory in
Lancaster. Both factories manufacture for the Company and for other
wallpaper and fabric brands.
Walker Greenbank employs more than 600 people and its products
are sold in more than 85 countries worldwide. It has showrooms in
London, New York, Chicago, Paris, Amsterdam, Moscow and Dubai along
with a partnership showroom in Shenzhen, China.
Walker Greenbank trades on the AIM market of the London Stock
Exchange under the ticker symbol WGB.
For further information please visit:
www.walkergreenbank.com
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
BOAFZLLBKXFXBBV
(END) Dow Jones Newswires
March 05, 2019 02:02 ET (07:02 GMT)
Sanderson Design (LSE:SDG)
Historical Stock Chart
From Mar 2024 to Apr 2024
Sanderson Design (LSE:SDG)
Historical Stock Chart
From Apr 2023 to Apr 2024