Directorate Change

RNS Number : 6470R

Numis Corporation PLC

05 May 2009

 



Numis Corporation Plc ('Numis')

Board Appointment - Non-Executive Chairman and Non Executive Director

5 May 2009

The Board of Numis Corporation Plc is pleased to announce the appointment of Sir David Arculus  (aged 62), as non-executive Chairman, and Gerald Corbett (aged 57), as a non executive director with immediate effect.  This follows Michael Spencer's decision to step down as Chairman as announced in February 2009.      

Sir David Arculus brings a wealth of experience to Numis having spent 24 years at EMAP, the last eight as Group Managing Director leaving EMAP in 1997. Outside the media sector he was non executive director of Severn Trent plc from 1996, serving as Chairman from 1998 to 2004. David held a range of further non executive jobs including Barclays Bank plc from 1997 to 2006 and in 2006 as Chairman of O2 was responsible with the management team for the sale of O2 to Telefonica of Spain. David was chairman of the British Government's Better Regulation Task Force from 2002 to 2006 where he reported to the Prime Minister and was instrumental in reducing burdens on business.  

Gerald Corbett was formerly Chairman of Woolworths Group Plc and CEO of Railtrack Group Plc. In the recent past Gerald has focused on his Chairmanships at SSL International Plc, Britvic Plc, Moneysupermarket.com Plc and the Royal National Institute for Deaf People. Gerald started his career at Boston Consulting Group, before holding a succession of financial roles at Dixons, Redland and Grand Metropolitan.

Commenting the two appointments, Oliver Hemsley, Chief Executive, said: 

'I am delighted to welcome David as the new Chairman of Numis and I am confident that his experience in building successful businesses as well as working with  

Government will make a valuable contribution to the continued growth and development of Numis.'

'I am equally delighted to welcome Gerald to the Board of Numis. Gerald has extensive business experience including that of the financial services industry and he will make a significant contribution to the continued growth and development of Numis'. 

'On behalf of the Board I would like to thank Michael Spencer for his significant and valued contribution to Numis over the past 6 years. Michael remains a close friend of Numis and we wish him well in his other business interests'.

Sir David Arculus, said: 

'I have watched Numis develop and am impressed with its principles, the quality of its people and prospects, and I look forward to working closely with Oliver and his team'. 

Gerald Corbett said: 

'Numis has a reputation for being a fast growing, high quality, leading independent broker and I am very pleased to be joining the Board.' 

Sir David Arculus is currently a Director of the following companies:  

Boat International Group Limited 

Industry and Parliament Trust

London International Exhibition Centre Plc

London International Exhibition Centre Holdings Plc

Pearson Plc 

Shortlist Media Limited 

Telefónica O2 Europe Plc 

Toulouse UK Topco Limited 

Other companies that Sir David Arculus has been a Director of in the past five years are:  

Barclays Bank Plc 

Barclays Plc 

Earls Court & Olympia Group Limited

mmO2 plc 

There are no other details regarding the appointment of Sir David Arculus that require disclosure under the AIM Rules.

Gerald Corbett is currently a Director of the following companies:  

SSL International Plc 

Greencore Group Plc

Britvic Plc 

Moneysupermarket.com Group Plc

Other companies that Gerald Corbett has been a Director of in the past five years are:  

Woolworths Group Plc 

Holmes Place Health and Fitness Holdings Limited  

There are no other details regarding the appointment of Gerald Corbett that require disclosure under the AIM Rules.

END

Contacts

Numis Corporation:        

Oliver Hemsley, Chief Executive                                                  020 7260 1256
Simon Denyer, Company Secretary                                              020 7260 1225

Brunswick:

Gill Ackers                                                                                  07974 982 382

Carole Cable                                                                               07974 982 458

PricewaterhouseCoopers LLP (Nominated Adviser):

Simon Boadle                                                                              020 7583 5000                            

Jon Raggett                                                                                 020 7583 5000       

 

END

 

 

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