Directorate Change

RNS Number : 1060M

Paragon Group Of Companies PLC

22 January 2009

 



THE PARAGON GROUP OF COMPANIES PLC

Directorship Change

The Paragon Group of Companies PLC announces that David Beever will retire from the Board of Directors at the next Annual General Meeting, on 5 February 2009.

David Beever has been a non-executive director since 2003 and in recent years has been the Senior Independent Director. The Board of Directors would like to record its gratitude to him for his considerable contribution during the years of his association with the Company.

Bob Dench, Chairman of The Paragon Group of Companies PLC, said 'David has been a good friend to Paragon for many years from the time he advised the Company in 1991. His contribution since joining the Board has been very significant and I would like to thank him personally for his support during my time as Chairman.'

Following David Beever's retirement, Terry Eccles will become Senior Independent Director and Edward Tilly will take over from Terry Eccles as Chairman of the Remuneration Committee.

For further information, please contact:

John G Gemmell        0121 712 2075

Group Company Secretary

 

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