Xaar PLC
28 March 2001
28 March 2001
Xaar plc
XAAR ANNOUNCES APPOINTMENT OF NEW FINANCE DIRECTOR AND COMPANY SECRETARY
Xaar plc ('Xaar'), the Cambridge-based ink jet printing technology company,
today announced that Gordon MacLeod was appointed as Finance Director at the
Annual General Meeting held yesterday, following the resignation on the same
day of Jonathan Lowe from the Board to join a leading private equity firm. Mr
MacLeod has also been appointed as Company Secretary.
Mr MacLeod, aged 30, qualified as a chartered accountant with Coopers &
Lybrand New Zealand. In 1995 he was seconded to the firm in the UK, where he
was an audit manager in the Cambridge office. He joined Xaar in March 1998 as
the Group Financial Controller.
There are no details requiring disclosure in respect of paragraph 16.4 of the
Listing Rules for Mr MacLeod.
Ends
Contact:
Gordon MacLeod, Finance Director at Xaar on Tel: 01223-423663
Steve Liebmann or Lisa Baderoon at Buchanan Communications on Tel: 020 7466-5000
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