Directorate Change
For immediate release 7th March 2011
Stobart Group Limited
Directorate Change
As part of an operations review, Stobart Group ('Stobart' or 'the Group'), one of the UK's leading providers of multimodal transport logistics solutions, announces that William Stobart and David Irlam are stepping down from the Group Board to allow them to focus full time their experience and leadership on the core transport and logistics divisions. They will remain Directors of the key operating subsidiaries, with William as Chief Operating Officer (COO) and David with responsibility for business development
At the same time, Nick Watts and Daniel Dayan will be stepping down from their roles as Non-Executive Directors on the Group's Board.
Rodney Baker-Bates, Chairman of Stobart Group, commented:
"The highly competitive and fast moving logistics market demands experience and authority close to the key operating decisions. These changes will reinforce our ability to deliver outstanding service at competitive cost to our customers. I would also like to thank both Nick and Daniel for their commitment, guidance and considerable contribution to the Board"
-ENDS-
ENQUIRIES:
Influence 0207 2879610
James Andrew 07772 534 985
Halkin Communications
Jessica Shepherd-Smith 07787 518 262
Katie Bell 07887 822 221
Stobart Group 01925 605400
Andrew Tinkler, Chief Executive Officer
Ben Whawell, Chief Financial Officer
This information is provided by RNS