Directorate Change
September 01 2010 - 6:18AM
UK Regulatory
TIDMWRN
RNS Number : 9703R
Worthington Group PLC
01 September 2010
Worthington Group plc ("Worthington" or the "Company")
Directorate Changes
Further to the Company's announcement of 6 July 2010, Worthington Group plc
announces that Joe Dwek CBE has today stepped down from the Board following a
period of transition and handover to the new directors.
The Board would like to formally record its thanks to Joe for all the hard work
and time that he has put into the Company over the years where he has overseen
an orderly wind down of the Company's textile assets and the repayment of
substantial bank borrowings, leaving the Company free of all bank debt and with
cash in the bank.
Commenting on the directorate changes, Peter Townsend, Chief Executive of the
Company, said: "I would like to thank Joe for the many years he has served on
the Board of the Company and would also like to thank him personally for the
warm welcome he has given to myself and Anthony Cooke since our appointments to
the Board. Joe's help and insight into the affairs of the Company over the
transitional period has proved invaluable and I wish him every success in the
future."
1 September 2010
Enquiries:
David M Shalom
Finance Director
Worthington Group plc
Tel: +44 (0)7912 777470
Website: www.worthingtongroupplc.co.uk
This information is provided by RNS
The company news service from the London Stock Exchange
END
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