Directorate Change

RNS Number : 9266T

National Express Group PLC

10 October 2014

 



National Express Group plc

10 October 2014

Directorate Change

National Express Group PLC ("National Express" or "the Group") is a leading international public transport operator, with bus, coach and rail services in the UK, Continental Europe, North Africa and North America.

National Express Group PLC today announces that Jez Maiden, Group Finance Director since 2008, has resigned in order to take up the role of Group Finance Director of Croda International Plc, the Speciality Chemicals Group, early in the New Year.

Jez has agreed to remain with the Group for the time being to ensure an orderly handover and the Board has commenced a search process for his replacement that will consider both internal and external candidates. The Board has appointed Matthew Ashley, currently Finance Director of National Express's UK Bus business and formerly Group Financial Controller, as interim Group Finance Director and he will work alongside Jez in the coming months as part of the handover.

Dean Finch, Group Chief Executive, said: "On behalf of everyone at National Express I would like to thank Jez for the significant contribution he has made as Finance Director over the past six years. We understand the reasons behind his decision and wish him every success in the future."

Jez Maiden said: "I have had a hugely enjoyable and rewarding time at National Express and will be sad to leave. I am looking forward to my new opportunity at Croda, in an industry where I began my plc career, and am confident National Express will continue to go from strength to strength."

There are no further details required to be disclosed under LR 9.6.11R of the Listing Rules of the UK Listing Authority

ENDS

Enquiries:

Anthony Vigor, Director of Policy and External Affairs                                    07767 425822  

Neil Bennett, Maitland                                                                                     020 7379 5151

About National Express Group:

More than 800m journeys a year are made worldwide on our train, bus, light rail and express coach operations. We deliver services in the UK, North America, Spain and Morocco. Our 42,000 employees are committed to improve the quality of life for all through travel.

National Express operates c2c, the award-winning train operator, which runs services in East London and South Essex, serving 26 stations. c2c is delivering the best performance in the UK rail industry, holding the UK records for annual punctuality (97.5%) and 4-weekly punctuality (98.8%) by a franchised train operator. Customer satisfaction with c2c services measured 92% in the latest National Passenger Survey.  

 

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