Paul Sheriff appointed as CFO

RNS Number : 9468X

Record PLC

01 July 2008

Record plc

Morgan House
Madeira Walk
Windsor
Berkshire
SL4 1EP UK

1 July 2008

Record plc ('Record' or the 'Company')

Board Changes

Paul Sheriff appointed as CFO

Record, the specialist currency investment manager, today announces the appointment of Paul Sheriff as Chief Financial Officer with effect from 1 November 2008, when he will also assume the position of Company Secretary. Mike Timmins, Record's current Chief Financial Officer and Company Secretary, will retire as a director of the company on the same date, although he will remain with the company for a short handover period.

Paul Sheriff is currently Group Finance Director with Arbuthnot Banking Group PLC, a role he has held since October 2006.

After qualifying as a Chartered Accountant with Arthur Andersen, where he worked between 1992 and 1997, Paul worked in Private Equity for a number of years before moving to the Prudential in 2002, where he ultimately became Commercial Finance Director, UK & Europe.

Neil Record, Chairman and Chief Executive of Record, commented: 'Paul will bring a wealth of diverse relevant experience to our firm. I am delighted to welcome him to the company.'

'On behalf of everyone at Record, I would also like to thank Mike Timmins for his tremendous contribution to the business over 16 years. Mike's contribution was recognised this year by the award of 'Outside the FTSE 350 FD of the Year' at the CBI/RealFD awards. My colleagues and I wish him well in his retirement.'