Italian Subsidiary

LEEDS GROUP PLC 8 October 1999 LEEDS GROUP PLC NEW MANAGEMENT FOR ITALIAN SUBSIDIARY Following the expiry of their contracts, awarded when Leeds Group Plc acquired the company, the management of the Italian subsidiary Nemesis will, by mutual agreement, be leaving by mid November to pursue their individual interests. Chris Marsden, Group Chief Executive, is pleased to announce the formation of a new professional management team comprising the following individuals: Matteo Cuccurullo, aged 37 years, has been appointed Managing Director. He has considerable experience in a wide range of textile markets, with particular emphasis in Italy. He will be supported by Guido Trani (new Sales & Marketing Director), Carlo Gorla (Operations Director) and Marziano Masetti (existing Finance Director). The new team will be fully operational by the end of October 1999. Enquiries: Chris Marsden - Group Chief Executive, 0113 250 5421

Companies

Leeds Group (LDSG)
UK 100

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