Connect Group PLC Appointment of Chief Executive Officer (0317Q)
June 16 2020 - 1:00AM
UK Regulatory
TIDMCNCT
RNS Number : 0317Q
Connect Group PLC
16 June 2020
Connect Group PLC
('Connect Group' or 'the Company')
Appointment of Chief Executive Officer
Connect Group PLC is pleased to announce that Jonathan Bunting,
Interim Chief Executive Officer, has been appointed to the role of
Chief Executive Officer on a permanent basis. This announcement
follows a recent internal review of the Group's management
structure and the Board's acknowledgment of Jon's unparalleled
depth of knowledge and experience in having led the Smiths News
business for over a decade, in which it has consistently delivered
strong results.
In seven months as interim Chief Executive Officer, Jon has
delivered all of the Group's strategic priorities, including the
strategic review and subsequent disposal of Tuffnells Parcels
Express, leaving the Group to focus on its core strengths and
expertise in newspaper and magazine distribution. Under Jon's
leadership, the Smiths News business has continued to deliver an
essential service to retailers and communities across the UK
throughout the Covid-19 pandemic.
Jonathan Bunting commented:
"I'm delighted to be appointed CEO and am looking forward to
focusing our efforts on Smiths News, free from any other
distractions. Looking ahead, I'm fortunate to have a deeply
experienced and capable team, backed by a business wide commitment
to service and efficiency. As we emerge from the current
exceptional circumstances these qualities will be the core of our
advantage in our drive to deliver shareholder value."
The appointment will take effect from 1 July 2020.
This notification is made pursuant to Listing Rule 9.6.11 of the
Listing Rules of the Financial Conduct Authority.
Enquiries and further information
Connect Group PLC Via Buchanan
Jonathan Bunting, Chief Executive Officer
+44 (0)20 7466
Buchanan (PR Adviser to the Company) 5000
Richard Oldworth / Jamie Hooper
Person responsible for arranging release of this
announcement:
Stuart Marriner
General Counsel & Company Secretary
Connect Group PLC
Rowan House
Cherry Orchard North
Kembrey Park
Swindon
SN2 8UH
email: cosec@connectgroupplc.com
LEI: 2138004O33ONVOOQXB02
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END
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