Ideal Shopping Direct PLC
13 July 2007
Ideal Shopping Direct PLC
13 July 2007
Ideal Shopping Direct Plc
New Non-Executive Chairman
Ideal Shopping Direct plc today announces that David Williams will join its
Board as Non-Executive Chairman with immediate effect.
David has extensive experience as a non executive director in both the public
and private sectors. He has been Chairman of Slug & Lettuce plc, the Senior
Independent Director at DX Services plc and a former Chairman of Wyevale Garden
Centres plc. His most recent executive role was as Chief Executive Officer of
the Thresher Group.
He is currently chair of Accantia Ltd, a Duke Street investee business, an
Operating Partner with Duke Street Capital LLP, and a non executive director of
Mothercare plc and the Royal London Mutual Insurance Group.
As previously announced in April, Jim Hodkinson, Chairman of Ideal Shopping
Direct plc since March 2004, therefore steps down from the Board today.
Andrew Fryatt, Chief Executive, commented, I am delighted that we have been able
to recruit someone of David Williams' calibre to the Chairman role. Ideal has
tremendous potential in a very dynamic market, and I am confident that he will
lead the Board successfully and capitalise fully on those opportunities.
David Williams commented, "Ideal Shopping is well positioned to take advantage
of the growth in home shopping using both its strong TV based franchise as well
as its growing online business. I'm delighted to be joining the Board at this
time in the company's development and I'm looking forward to working with Andrew
Fryatt and the team."
For further information, please contact:
Ideal Shopping Direct Plc Tel: 08700 780 704
Andrew Fryatt, CEO
ReputationInc Tel: 020 7758 2800
Tom Wyatt
NOTES:
1. David Gay Williams, aged 60, has 30 years experience in the consumer, leisure and retail sectors. Between 2001 and
2004 he was Chief Executive Officer of the Thresher Group, where he led a £50mn improvement in EBITDA. Prior to this he
had senior roles with Whitbread, PepsiCo and Diageo.
2. Mr Williams is also currently a director of:
Accantia Ltd
Mothercare plc
Mothercare Employees Share Trust Limited
Royal London Group
3. Mr Williams' previous directorships are:
Agnew Stores Limited
Cater Stoffell and Fortt Limited
D&A Haddow Limited
First Quench Retailing Limited
Thresher and Company Limited
Thresher Wines Financial Services Limited
Thresher Wines Acquisitions Limited
The Victoria Wine Company Limited
Thresher Group Limited
Slug and Lettuce plc
Surrey Free Inns plc
Wyevale Garden Centres plc
Avebury Group Limited
DX Services plc
He holds no other directorships and there are no other matters requiring
disclosure under paragraph (g) of Schedule 2 of the AIM rules.
This information is provided by RNS
The company news service from the London Stock Exchange
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