National Express Group PLC
23 November 2007
23 November 2007
National Express Group PLC
Board Change and current trading update
National Express Group PLC ('the Group') announces that Adam Walker has informed
the Board that he intends to step down from his position as Group Finance
Director following the preliminary results which will be announced in February
2008. Adam will be joining Informa plc, a leading publisher of specialist
information, as Finance Director.
Adam, aged 40, joined the Group in October 2001 as Corporate Development
Director and joined the Group Board as Group Finance Director in March 2003. The
process to recruit a successor has begun.
Commenting on today's announcement Richard Bowker, Chief Executive, said:
'On behalf of the Board I would like to thank Adam for his excellent
contribution to the Group over the past six years. Adam joined the Board having
spent eighteen months working within the business on developing divisional
financial strategies. Since joining the Board he has made a significant
contribution to the continued strategic development of the Group and overseen
our entry in new markets such as Spain. I have thoroughly enjoyed working with
Adam and wish him all the very best for the future as he develops his career.'
Turning to current trading Richard Bowker continued; 'Trading across the Group
remains in line with expectations, with particularly strong revenue growth at UK
Trains. Continental Auto, our recent acquisition in Spain, has traded well in
its first month as part of the Group.'
The Group will release its pre close trading update on 18 December 2007 and its
preliminary results on 28 February 2008.
- ENDS -
For further information, please contact:
National Express Group 020 7529 2000
Richard Bowker, Chief Executive
Nicola Marsden, Director of Group Communications
Maitland 020 7379 5151
Neil Bennett / Suzanne Bartch / Brian Hudspith
This information is provided by RNS
The company news service from the London Stock Exchange
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