Iomart Group PLC
17 May 2000
Appointment of Finance Director
iomart group plc, the integrated telecommunications and internet services
company that floated on AIM recently, today announces the appointment of
David Harrison to the board as Finance Director with immediate effect.
David Harrison MEng, MBA, FCMA (40) has had wide experience in international
financial management, corporate management and mergers and acquisitions.
In 1990 he joined Bond Helicopters Ltd, an Aberdeen based helicopter company
as Finance Controller and was appointed Finance Director in 1993. In 1994 he
was involved with the merger of two businesses to create Helicopter Services
Group where he continued in a financial role and became Chief Financial
Officer in 1997.
Before being acquired by CHC Helicopters Corporation of Canada, Helicopters
Services Group was one of the world's largest providers of transport for the
offshore oil industry and was listed on the Oslo Stock Exchange, with
revenues of £200 million, profits of £10 million and operating aircraft in
20 countries.
Prior to Helicopter Services Group he was employed by Price Waterhouse
Management Consultants from 1987 to 1990 and from 1984-1987 by Shell Expro.
Nick Kuenssberg, Chairman of iomart group plc said:
'David will be a valuable asset and will provide the vital financial
management role in expanding the company. His track record speaks for itself
and his experience of acquisition as well as growing companies will be
beneficial to the board. David will be an integral part of taking iomart
through its next stage of development'.
ENQUIRIES:
iomart group plc Tel: 0141 221 0173
Angus MacSween, Chief Executive
Bill Dobbie, Business Development Director
College Hill Tel: 0207 4572020
Matthew Smallwood Email:matthew@collegehill.com
Chelsea Allen Email:chelsea@collegehill.com
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