Directorate Change

RNS Number : 5560J

Paddy Power plc

17 July 2013

 



Michael Cawley joins Board of Paddy Power plc

The Board of Paddy Power plc (the "Company") is pleased to announce the appointment today of Michael Cawley as an independent non-executive director of the Company.  Michael has also been appointed as a member of the Audit Committee.

Michael has been Deputy Chief Executive Officer and Chief Operating Officer of Ryanair since 2003, having joined as Chief Financial Officer and Commercial Director in 1997. His responsibilities have included the management and exploitation of ryanair.com since its launch in 2000.  Prior to 1997, Michael was Group Finance Director of Gowan Group Limited.  Michael holds a Bachelor of Commerce degree and is a fellow of the Institute of Chartered Accountants in Ireland.

Commenting, Nigel Northridge, Chairman of Paddy Power plc said: "Michael is a highly accomplished executive who will add very substantial commercial, financial and international business experience to the Board.  I warmly welcome him to Paddy Power."

There are no further disclosures to be made pursuant to Listing Rule 6.6.7 (1) to (6) of the Listing Rules of the Irish Stock Exchange and Listing Rule 9.6.13 (1) to (6) of the Listing Rules of the UK Listing Authority.

-Ends-

17 July 2013

For further information contact:

Karen Ferris/Anne-Marie Curran

Drury Communications Limited

Tel: [phone]

Mobile: [phone] (KF)

Rob Greening/Ellie Sweeney

Powerscourt Limited

Tel: [phone]

Mobile: [phone] (RG)

 

END

 

 

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