12 Mar 2010 15:00
12th March 2010
Cyril Sweett Group plc ("Cyril Sweett" or "the Company")
Directorate Changes
Cyril Sweett, the international construction and property consultancy, announces that Francis Ives, non-executive Chairman, has informed the Board of his intention to retire after 40 years at the Company, 19 as Senior Partner / Chairman, at the AGM in September. The search for a replacement non-executive Chairman will commence in the weeks ahead.
The Company is pleased to announce the appointment of Eamonn Kerr as Director of International Operations with immediate effect. Eamonn, who is presently based in Dubai, has worked within the Cyril Sweett Group for almost nine years, having been responsible for UK operations in the Central region prior to assuming responsibility for the development and management of the Group's International businesses in 2008. He holds an MSc in Construction Project Management and prior to joining Cyril Sweett spent a large amount of time on overseas project work.
Dean Webster, CEO of Cyril Sweett, said:
"On behalf of the Board I would like to thank Francis for his inspirational leadership and for the major contribution he has made to the business over the last 40 years. As Chairman since 1991, Francis has driven the growth of the business and more latterly led the Company onto the AIM market of the London Stock Exchange. I am sure I speak on behalf of us all at Cyril Sweett by wishing Francis the very best for the future.
"I would like to welcome Eamonn as Director of International Operations of Cyril Sweett Group plc at this important stage of the international development programme, which is core to our strategic plan. Eamonn has a track record in international project management and I am confident that his presence on the Board will enhance the executive management and its interface with our overseas businesses."
- Ends-
The following disclosures are made in accordance with the AIM Rules:
Eamonn Dennis Kerr, age 49, is, or has been, a director of the following companies and organisations during the past five years:
Current Directorships:
Cyril Sweett International (Holdings) Limited
Cyril Sweett International Limited (Cyprus)
Cyril Sweett Espana S.L. (Spain)
Cyril Sweett (India) Private Limited
Cyril Sweett (Cyprus) Limited
Cyril Sweett Australia Pty Limited
BurnsBridge Sweett Holdings Pty Limited (Australia)
BurnsBridge Sweett Pty Limited (Australia)
BurnsBridge UAE Pty Limited (Australia)
BurnsBridge Sweett Pte Limited (Singapore)
Past Directorships:
Cyril Sweett Limited
Viti Developments Limited
There are no further matters to be disclosed in connection with the appointment of Eamonn Kerr under Schedule Two paragraph (g) of the AIM Rules.
For further information call:
Cyril Sweett Group plc 020 7061 9000
Dean Webster, Chief Executive Officer
Caroline Covill, Head of Communications 020 7061 9102; 07810 551 128
Brewin Dolphin Investment Banking
Andrew Kitchingman 0845 270 8613
Sean Wyndham-Quin
Financial Dynamics 020 7831 3113
Jonathon Brill / Billy Clegg / Georgina Bonham
Notes to editors
About Cyril Sweett
·;Cyril Sweett is a leading international construction and property consultancy offering expertise in cost consultancy, project management, building surveying and a comprehensive range of specialist consulting services.
·;Cyril Sweett floated on the AIM market of the LSE in October 2007.
·;Founded in 1928, the Group has 29 offices throughout the United Kingdom, Australia, France, India, Ireland, Singapore, Spain and the United Arab Emirates.