Appointment of Commercial Director

RNS Number : 1938I

Personal Group Holdings PLC

23 July 2012

 



Press Release

23 July 2012

Personal Group Holdings plc

 ("the Group")

Appointment of Commercial Director

Personal Group is pleased to announce the appointment of David Walker to the role of Commercial Director.  In this newly created position David will have responsibility for developing a world-class, front-end sales solution and infrastructure and will provide strategic leadership to define the commercial path to the growth in profitability of the Group.

David joins Personal Group having spent six years at Dyson Ltd in a number of roles, most recently as GB Sales Director where he was responsible for the delivery of over £200 million of net revenue.  Prior to this, David spent two and a half years in the USA as Managing Director of Dyson's Commercial Business.  Before joining Dyson, David held roles as Development Manager, National Sales Manager and Head of Sales for BSkyB. He has also held senior management positions at Barclays Bank plc.

David Walker, newly appointed Commercial Director, commented: "This is an exciting time to join Personal Group as the Group embarks on the next stage of its growth plans. I am looking forward to helping to further develop this strong business in the employee benefits market place."

Mark Scanlon, Chief Executive of the Group, commented: "The appointment of David will support Personal Group in building on our existing strengths as well as developing new directions for the business, particularly with regard to sales and marketing and product development.  I am pleased to welcome David on behalf of the Group and look forward to working with him to further grow the business."

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For more information please contact:

Personal Group Holdings Plc
John Barber, Financial Director	[phone]

Cenkos Securities Plc
Stephen Keys	[phone]

Media enquiries:

Abchurch Communications
Joanne Shears / Oliver Hibberd	[phone]
[e-mail]	www.abchurch-group.com

Notes to editors:

Personal Group Holdings Plc (AIM: PGH) is a leading provider of employee benefits and financial services, established in 1984 with clients across the UK.

The group primarily provides tailored employee benefits programmes to businesses throughout the UK. These programmes include insurance products such as hospital and convalescence plans; death benefit and income protection plans; lifestyle benefits such as holiday and retail discounts; flexible benefit programmes; a range of tax efficient benefits such as childcare vouchers; and employee assistance programmes. The group generates the majority of its revenue through the underwriting of hospital and convalescence plans.

Through its expertise in producing, communicating and implementing successful benefit solutions, the group has helped over 400 leading UK companies recruit, retain and motivate the best people. In total the group provides access to benefits for 1.2 million employees, and clients include 3663, Brake Bros, Home Retail Group, Northumbrian Water Limited, Pirelli, Starwood Hotels, TNT, UK Mail, Regatta, Road Chef and Vinci Construction.

The group boasts considerable financial strength, with a track record of profitable growth since 1986, as well as a strong pipeline of new business. For the year ended 31 December 2011 the group reported revenue of £27.5 million and profit before tax of £10.0 million. With a strong balance sheet and a progressive dividend policy, Personal Group's vision is to be the provider of choice in employee benefits and financial services. The group's development to date has been achieved principally through strong organic growth.

Personal Group is headquartered in Milton Keynes, was floated on AIM in 2000 and today employs over 160 people.

For further information, go to www.personal-group.com

 

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