Braemar Shipping Services PLC Appointment of Finance Director (3187K)
December 13 2018 - 1:01AM
UK Regulatory
TIDMBMS
RNS Number : 3187K
Braemar Shipping Services PLC
13 December 2018
BRAEMAR SHIPPING SERVICES PLC
("Braemar", the "Company" or the "Group")
13 December 2018
Appointment of Finance Director
Braemar Shipping Services plc (LSE: BMS), a leading
international provider of broking, financial, consultancy,
technical and logistics services to the shipping, marine, energy,
offshore and insurance industries, is pleased to announce that Nick
Stone has been appointed as Group Finance Director.
Nick will join the Company, and be appointed to the Board,
following his release from his current employment, which is
expected to be in the second quarter of 2019. The date will be
confirmed in due course. Following a handover period, James
Hayward, interim Chief Financial Officer, will leave the
Company.
Nick is an experienced Finance Director with substantial
experience in both knowledge and skill-based services businesses
and public companies. He is currently Group Chief Financial Officer
of The Appointment Group Limited and has previously been a director
of Hornby PLC, prior to which he held various positions, including
that of Group Finance Director, over eleven years with KBC Advanced
Technologies Plc.
The Company is also continuing its process to appoint a new
Non-Executive Chairman and a further announcement will be made in
due course.
James Kidwell, Chief Executive of Braemar said: "I am delighted
to announce the appointment of Nick to the Board and to the role of
Group Finance Director. Nick has a strong track record of leading
finance teams and his appointment will strengthen the Group's
leadership team as it continues to focus on delivering higher
value-added consultancy and professional services. I would like to
thank James Hayward for his hard work."
Listing Rule 9.6.13 disclosures
Save for the past directorship of Hornby PLC mentioned above,
Braemar confirms that there are no disclosures to be made in
respect of Nick for the purposes of Listing Rule 9.6.13.
-ENDS-
For further information, contact:
Braemar Shipping Services
James Kidwell, Chief Executive Tel +44 (0) 20 3142 4100
James Hayward, Interim Chief Financial
Officer
Peter Mason, Company Secretary
Stockdale Securities
Robert Finlay / Antonio Bossi / Henry Tel +44 (0) 20 7601 6100
Willcocks
Buchanan
Charles Ryland / Stephanie Watson Tel +44 (0) 20 7466 5000
/ Matilda Abraham
Notes to Editors:
About Braemar Shipping Services plc
Braemar Shipping Services plc is a leading international
provider of knowledge and skill-based services to the shipping,
marine, energy, offshore and insurance industries. Founded in 1972,
Braemar employs approximately 750 people in more than 60 locations
worldwide across its Shipbroking, Technical, Logistics and
Financial divisions.
Braemar joined the Official List of the London Stock Exchange in
November 1997 and trades under the symbol BMS.
For more information, including our investor presentation, visit
www.braemar.com
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END
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