9th March 2015
Coms plc
Board Appointments
The Board of Coms plc ("Coms" or the "Company") is pleased to announce the appointment of two very experienced new non-executive directors, Mark Braund and Guy van Zwanenberg, to strengthen the Board and support the interim management team that has been put in place. The Company will make further announcements with regard to executive management appointments in due course.
Mark is CEO of Interquest Group plc, the specialist information technology recruitment group, and is a very experienced director with a proven ability to grow businesses. He also led the turnarounds of TAC Europe and Lorien plc.
Guy has 40 years' experience in industry and practice and qualified as a Chartered Accountant with Grant Thornton. Guy subsequently moved to become UK Finance Director of an American computer accessory company which was taken public in 1989. In 1991, he established his own interim financial management business and has since been involved in a number of businesses providing strategic and financial advice. He is currently non-executive director of Quixant plc and was previously a non-executive director of Sceptre Leisure plc.
Further details in relation to Mark and Guy are set out below
Frank Beechinor, Chairman, states "In Mark and Guy, we have two highly accomplished directors with extensive experience of turnaround scenarios, both in the private and public arena and I expect that their input will be invaluable in the weeks and months ahead. We now have a very experienced interim management team in place and are in discussions regarding further executive management appointments which will bring extensive sector experience and knowledge to the Company. With the full support of the Board, I am confident that we will tackle the challenges ahead with great alacrity."
Mark Braund:
Mr Braund, aged 53, is a director of:
Interquest Group plc
Mint Recruitment Solutions Limited
Ecom Recruitment Limited
Contract Connections Limited
In the previous 5 years, Mr Braund was a director of:
First Advantage Europe Limited
Helix Managed Services Limited
Internal Partners Limited
Optimus Global Recruitment Solutions Limited
First Advantage Hiring Management Systems Limited
Guy van Zwanenberg:
Mr van Zwanenberg, aged 60, is a director of:
Quixant plc
Powder Byrne International Limited
ICE Marketing Limited
Thoughts to Treasure Limited (Dormant)
Wargrave and Shiplake Regatta
Fast Lane Consulting and Education Services Limited
Fast Lane Consulting and Education Services Limited (Ireland)
In the previous 5 years, Mr van Zwanenberg was a director of:
Sceptre Leisure plc
Milestone Group plc
For further information, please contact:
Coms plc
Frank Beechinor (Chairman) +44 (0) 207 138 3204
Charles Stanley Securities +44 (0)207 149 6000
(Nominated Adviser and Broker)
Karri Vuori / Philip Davies
Blytheweigh
(Financial Public Relations)
Halimah Hussain / Alex Shilov / Tim Blythe +44 (0)207 138 3204
Notes to Editors
Coms is a leading organisation in the provision of end-to-end communication, connectivity and business services:
Business infrastructure
Cloud based solutions
Connectivity
Creative marketing and media solutions
Integrated and hosted telephony
IT support
Mobile
Smart buildings
We put stakeholders at the heart of everything we do, and by innovating and offering other robust technologies our solutions are resilient and cost effective. For more information, please visit: www.coms.com