Eclipse Blinds PLC - Re Directorate
June 23 1998 - 4:45AM
UK Regulatory
RNS No 2952d
ECLIPSE BLINDS PLC
23rd June 1998
ECLIPSE BLINDS PLC ("Eclipse" or "the Group")
Board Changes
Eclipse is pleased to announce the appointments of Ted Black
and David Michels as non-executive directors of the Group with
effect from 1 July 1998. It is proposed that Ted Black will
succeed Hamish Grossart as non-executive chairman of the
company following the next board meeting which will be held in
July.
Ted Black was previously managing director of EFT Group plc
from 1992 until the time of its acquisition by the Bank of
Scotland in July 1997. Prior to setting up EFT Finance Ltd in
1987, the principal business activity of EFT Group, Ted Black
had previously established TSB Scotlands asset finance
company and, prior to that, held senior positions within
Midland Bank group. He is currently Director, Special Duties
with the Bank of Scotland.
David Michels is chief executive of Stakis plc. He joined
Stakis in 1991 having previously been deputy chairman and
managing director of Hilton UK and executive vice president of
Hilton International. Prior to this he spent several years in
the United States with Grand Metropolitan Hotels.
Hamish Grossart, retiring non-executive chairman commented:
"Ted blacks skill and experience in growing businesses is
well known in the City. I expect Teds leadership and
business acumen to be of considerable benefit to Eclipse as it
continues to build on its excellent record of growth in sales
and profits.
"David Michels has won widespread acclaim for the improvement
in fortunes at Stakis, where sales, profits and market
capitalisation have grown substantially in recent years.
Davids experience of sales and marketing, coupled his
knowledge of quoted company matters and experience in the US
will add much to the Eclipse board.
"I wish Eclipse and both gentlemen continued success."
Enquiries:
Hamish Grossart, Chairman 0141 812 3322 or 0468 025209
Bill Macdonald, Managing Director 0141 812 3322
Ken Brown, Finance Director 0141 812 3322
Eclipse Blinds PLC
Zena Bates
Buchanan Communications 0171 466 5000
END
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