For immediate release |
12 November 2012 |
Wincanton plc
("Wincanton" and "the Company" or "the Group")
Board Change
Wincanton, a leading provider of supply chain solutions in the UK & Ireland, today announces that Jon Kempster, Group Finance Director, is leaving the Group in order to pursue other opportunities outside the Group. With the structural aspects of refocusing Wincanton largely complete, including the disposal of the Mainland European operations, renewal of the Company's bank facilities, and the triennial pension scheme valuation, Jon has decided that this is the right time for him to step down.
Jon will step down from the Board with immediate effect but will remain with Wincanton until a successor is in place or until 31 January 2013.
Since his appointment in July 2010, Jon has played a key role in the transformation of the Company. The Board would like to thank Jon for his significant contribution to Wincanton and wishes him well for the future.
The search for a new Finance Director is underway and an announcement concerning Jon's successor will be made at the appropriate time.
As announced in the interim results today, Wincanton produced a good performance in the six months ended 30 September 2012 and can now look to the future with confidence, with leading positions in the market sectors in which it operates.
Eric Born, Chief Executive of Wincanton, said:
"I would like to thank Jon for his significant contribution since becoming Group Finance Director of Wincanton. I am personally very grateful to him for his support during a challenging period for the Company and I wish him continuing success for the future."
Ends.
For further information please contact:
Wincanton plc
Eric Born, Chief Executive 01249 710 000
Buchanan
Jeremy Garcia / Gabriella Clinkard 020 7466 5000