Appointment of CEO

RNS Number : 4648T

Rangers Int. Football Club PLC

20 November 2013

 



20 November 2013

Rangers International Football Club plc

("Rangers" or the "Company")

Appointment of CEO

The Board of Rangers announces that it has appointed Graham Wallace as the Company's new Chief Executive Officer with immediate effect.

Mr Wallace was employed by Manchester City Football Club, first as Chief Financial Officer (March 2009 - October 2010), and then as Chief Operating Officer (October 2010 - January 2013), during a period of unprecedented success in that club's history. Whilst at Manchester City, Mr Wallace led the transformational changes in the business after the acquisition of the club by Abu Dhabi United Group, implementing world class business processes and corporate governance standards. Before joining Manchester City, Mr Wallace was Senior Vice President and Chief Financial Officer of IMG Media, the global sports and entertainment media company, from October 2006 to March 2009.

Mr Wallace began his career at Ernst and Young where he qualified in 1986 as a Chartered Accountant. He then spent 20 years working in senior accounting and financial roles at oil company Conoco (now ConocoPhillips), Cable & Wireless and latterly as CFO of MTV Networks Europe.  

Mr Wallace, originally from Dumfries, also has a degree in business management from Robert Gordon University.

In accordance with Rangers' Articles of Association, Mr Wallace will be subject to re-appointment by an ordinary resolution at the upcoming Annual General Meeting of the Company on Thursday 19 December 2013.

Commenting on this appointment David Somers, Rangers' independent non-executive director, and acting Chairman, said: "We are delighted to welcome Graham to the Board. His appointment is the successful culmination of a thorough and independent selection process which attracted a number of high calibre candidates. Graham's previous success and his strong financial background in football will be beneficial to lead Rangers to continued future success".

Graham Wallace added, "I am honoured to have been selected as CEO of Rangers. I am looking forward to meeting the challenges and leading the club to ensure that its off-pitch success matches the performance of the team."

Further information concerning Mr Iain Graham Wallace, aged 52:

Current Partnerships and Directorships:

Marlborough Sports Media Ltd.

Past Directorships and other positions:

CSI Sports Limited

CSI Sports Trading Limited

Darlow Smithson Productions Limited

Great Percy Productions Limited

IMG Media Limited

International Management Group (UK) Limited

Manchester City Football Club Limited

PGA European Tour Productions Limited

Sports New Television Management Limited

Tiger Aspect Assets Limited

Tiger Aspect Films Limited

Tiger Aspect Holdings Limited

Tiger Aspect Pictures (Dog Eat Dog) Limited

Tiger Aspect Pictures (Royston Vasey) Limited

Tiger Aspect Pictures (Tosspot) Limited

Tiger Aspect Pictures Limited

Tiger Aspect Productions Limited

Tiger Aspect Scotland Limited

Tiger Television Limited

Tigress Productions Limited

TWI Interactive Limited

Mr Wallace is not currently beneficially interested in the issued share capital of the Company.

There is no further information required relating to Mr Wallace to be disclosed under paragraph (g) of Schedule 2 of the AIM Rules.

For further information please contact:

Rangers International Football Club plc
Brian Stockbridge David Somers James Easdale	Tel: [phone]
Daniel Stewart & Company plc	Tel: [phone]
Paul Shackleton / James Thomas
Newgate Threadneedle	Tel: [phone]
Graham Herring / Roddy Watt / John Coles
Media House International Ltd	Tel: [phone]
Jack Irvine

 

END

 

 

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