2 Aug 2010 14:30
2 August 2010
Cyril Sweett Group plc
("Cyril Sweett" or "the Group")
Appointment of Non-Executive Director
Cyril Sweett, the international construction and property consultancy, is pleased to announce the appointment of Jeffrey Lindsey Hewitt to the Board as a Non-Executive Director with immediate effect.
Jeff, 62, is a chartered accountant and has substantial experience as a director of listed companies, latterly in non-executive roles. After an executive career with Electrocomponents Plc, Coats Viyella Plc and Unitech Plc, Jeff has held a number of non-executive appointments and chaired board committees and meetings of pension scheme trustees. He holds an Oxford MA in Chemistry and an MBA emphasising Finance and Marketing from Stanford, California.
His current appointments are with Cookson Group Plc (as Director and Chairman of Audit Committee), Regenersis plc (as Chairman and as Chairman of Audit and Nomination Committees), John Lewis Partnership (as external Chairman of Audit and Risk Committee), ZincOx Resources plc (as Deputy Chairman and Chairman of Audit Committee), Cenkos Securities plc (as a Director and Chairman of Audit Committee) and Electrocomponents Plc (as Chairman of UK Pension Fund Trustees Board).
Jeff has been involved in corporate transactions which have delivered significant shareholder value in businesses as diverse as Unitech Plc, Whatman plc and TDG Plc.
Commenting on his appointment, Jeff Hewitt said:
"I am delighted to be joining Cyril Sweett and its focussed management team at this interesting stage in the Group's development. It is a robust business, with exciting expansion plans in place, and I look forward to helping drive forward the potential in the Group's overseas growth strategy."
Commenting on the appointment, Francis Ives, Chairman of Cyril Sweett, said:
"Jeff's background and business expertise will be invaluable to Cyril Sweett's Board as we continue to develop our business strategy and grow our brand internationally."
The following disclosures are made in accordance with the AIM rules:
The directorships held by Jeff Hewitt now and over the five years preceding the date of appointment are as follows:
Directorships - current
Cenkos Securities Plc
Cookson Group plc
Electro Components Pension Trustees Limited
Regenersis Plc
Rewley Park Management Company Limited
ZincOx Resources Plc
Other - current
Chairman of Audit and Risk Committee of John Lewis Partnership
Directorships held in the past 5 years
Dialight Plc
Electro Lighting Group Limited
Electro-Leasing Limited
Electromail Limited
Electrocomponents US Finance Limited
Electrocomponents Overseas Limited
Electrocomponents U.K. Limited
Electrocomponents Finance Limited
Electrocomponents Public Limited Company
Electroplan Limited
RS Limited
RS Components Limited
RS Components Holdings Limited
RS Components International Limited
RS Supplies Limited
Radiospares Limited
Reading Windings Limited
TDG Limited
Technetix Group Limited
Whatman Limited
Dissolved directorships held in the past 5 years
Ambergate Test Laboratories Limited
Bright Ideas (Lighting) Limited
Contrast Lighting Limited
Distributing Excellence Limited
Electro Limited
Electro Franchised Components Limited
Electrospares Limited
Electrospeed Limited
Hopson Bridgers Limited
Isotech Industries Limited
Kabaka Limited
Lab Safety Limited
Lapyon Limited
Pact International Limited
Plasmon Plc
OPS Limited
Outsources Procurement Services Limited
Radio Resistor Company Limited
Rapid Supplies Limited
Rapid Supply Limited
RS Couriers Limited
RS Electrospeed Limited
RS Fast Limited
RS Mechanical Limited
RS Quoteline Limited
RS Searchline Limited
RS Servicecentre Limited
RS Servicepoint Limites
RS Technical Services Limited
Wellco Electric Limited
As at the date of this announcement, Mr Hewitt has no interests in the capital of the Company.
There are no other matters to be announced as required under paragraph (g) of Schedule 2 of the AIM Rules.
- Ends -
For further information, call:
| Cyril Sweett Group plc Dean Webster, Chief Executive Officer Chris Goscomb, Chief Financial Officer
| 020 7061 9000 |
| Brewin Dolphin Matt Davis Sean Wyndham-Quin
| 0845 213 4730 |
| Financial Dynamics Billy Clegg, Georgina Bonham
| 020 7831 3113 |