Directorate Change

RNS Number : 7376Q

Paragon Group Of Companies PLC

24 October 2011

 



The Paragon Group of Companies PLC

Directorship change

The Directors of The Paragon Group of Companies PLC announce that Christopher Newell will resign from the Board on 31 October 2011.  Mr Newell has been a non-executive director of the Company for ten years and was Chairman of the Audit and Compliance Committee until July 2011.  The Board would like to record its gratitude to Mr Newell for his considerable support during the years he has been a director.

Bob Dench, Chairman of The Paragon Group of Companies PLC, said "Chris has been an outstanding member of the Board for the past ten years and an excellent Chairman of the Audit and Compliance Committee.  Paragon has been very fortunate to have been able to benefit from Chris's experience for such a long period.  We wish him every success in the future."

In July 2011, Peter Hartill was appointed Chairman of the Audit and Compliance Committee, Alan Fletcher replaced Edward Tilly as Chairman of the Remuneration Committee and Edward Tilly was appointed as Senior Independent Director, replacing Terry Eccles who remains on the Board.

Enquiries:

John Gemmell, Company Secretary

0121 712 2075

 

END

 

 

BOAGMMZGKDKGMZM