Informa PLC
17 July 2007
17 July 2007
Informa plc
Departure of Director
Informa plc announces that its Finance Director, Anthony Foye has decided he
would like to seek new opportunities outside the Group. He will remain in his
role and as a member of the Informa board in order to achieve a smooth
transition of responsibilities, which is likely to be until the end of the
current financial year. An external search process is now being initiated for
his successor. Anthony, who is 44, has been Finance Director of Informa since
its merger with Taylor & Francis in May 2004. Prior to this he had held the same
position at Taylor & Francis, having first joined in 1987.
Peter Rigby, Chairman said, 'The board of Informa is extremely appreciative of
Tony's contribution to the Group. He has played a significant role in building
Informa into a highly successful and growing information business. I am
particularly grateful for the critical parts he played during the merger of
Informa and Taylor & Francis and the acquisition of IIR, both of which were
executed rapidly and according to plan. He is set to leave the Group at a time
of record profitability and with the business in robust financial health. The
acquisition of Datamonitor opens up the next chapter of our growth.
'After twenty years with the Group, his decision to seek different opportunities
is understandable and I wish him well. His desire to remain with the Company
until the end of the year to ensure a smooth transition is typical of his
commitment.'
Tony Foye said: 'I have had twenty great years at Taylor & Francis and Informa
during which time the businesses have developed on all fronts. I am proud to
have been associated with the Group which has already achieved so much and is
positioned to continue to develop strongly in the years ahead, but I feel that
the time is now right for me to seek new challenges.'
ENDS
Further Enquiries:
Informa plc Tel: 020 7017 5000
Peter Rigby, Chairman
Tony Foye, Finance Director
Maitland Tel: 020 7379 5151
William Clutterbuck
Emma Burdett
Notes to Editors:
Informa provides specialist, high value information to the global academic &
scientific, professional, and commercial markets via Publishing, Events and
Performance Improvement. At the heart of every Informa product and service is
research-based, proprietary information for a targeted, expert audience. Informa
publishes approximately 2,500 subscription based products and services delivered
electronically and in hardcopy, and 45,000 books. Each year Informa produces
over 12,000 events around the world, powered by a marketing database of over 20
million contacts. It has an unparalleled portfolio of brands including Lloyds
List, Routledge, Taylor and Francis, IIR, IBC, AchieveGlobal, ESI and Euroforum.
Informa operates in 80 countries and employs over 7,500 people.
This information is provided by RNS
The company news service from the London Stock Exchange
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