Appointment of Finance Direct

RNS Number : 2092H

ITE Group PLC

03 November 2008

 



3 November 2008

ITE Group plc

Appointment of Group Finance Director

ITE Group plc, the international exhibitions group specialising in emerging and developing markets, announced today the appointment of Neil Jones (42) as Group Finance Director. Neil will commence in his new role and will be appointed to ITE's Board on 4th November 2008. Russell Taylor who was appointed Chief Executive Officer on 19th May 2008 will relinquish his role as Acting Finance Director.  

Neil Jones joins ITE from Tarsus Group plc where he has been Finance Director since January 2007. Tarsus Group plc is a listed Group specialising in the organisation of trade exhibitions in Europe, America, UAE and Asia. Neil, who has held senior financial positions within the exhibition industry for over 10 years, joined Tarsus in 2003 as Group Financial Controller and prior to that was European Finance Director for Advanstar Communications, one of the largest US media groups. Neil is a member of the Institute of Chartered Accountants of England & Wales, qualifying with Price Waterhouse in 1990.

Neil Jones holds 9,927 ordinary shares in ITE Group plc at the date of his appointment.

Commenting Iain Paterson, Chairman of ITE Group said:

'I am delighted to welcome Neil to ITE and am particularly pleased that he has extensive knowledge of the industry in which we operate as well as previous exposure to the international expansion of an exhibition business. Neil has the qualities that we are looking for in a Finance Director to take ITE forward through the next stage of its development.' 

There are no further details requiring disclosure under Listing Rule 9.6.13.

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Enquiries:

 
Russell Taylor, Chief Executive, ITE Group plc                                                        Tel: [phone]

Charlie Palmer/Helen Thomas, Financial Dynamics                                                Tel: [phone]

 

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