RNS Number : 5743I
Moss Bros Group PLC
15 March 2010
Moss Bros Group plc
(the "Company")
Director Changes
Moss Bros Group Plc, the UK's No.1 branded suit specialist, today announces the resignation of David Adams as Non Executive Chairman.
David joined the Board in July 2008, after a period of intense corporate activity and provided stability to the Company, ensuring that progress has been made on planning and implementing the turnaround of the business. Now that this has been initiated David wishes to pursue his other business interests. He will leave the Company on the 25th March 2010.
Mrs Debbie Hewitt, who joined the Company as a Non-Executive Director in June 2009 will become interim Chairman of the Company. She has extensive public company experience in the consumer sector. Working together with Brian Brick, the Chief Executive, she will lead the process of appointing a new Chairman.
The Company's trading continues to strengthen on the prior year, with sales growth improving on a like-for-like basis and a positive cash position, with no long term debt. The Company's preliminary results will be announced on 25 March 2010.
Brian Brick, Chief Executive said "I would like to thank David for his support and the positive contribution he has made to the business and wish him well for the future. I look forward to working closely with Debbie in the interim period; her leadership and experience of working on public company boards will be of great value to the Board and the business."
Enquiries:
Moss Bros Group plc
Debbie Hewitt Tel : +44 (0) 7831 408651
Brian Brick Tel : +44(0)207 4477200
Buchanan Communications
Charles Ryland Tel: +44 (0)207 4665000
Nicola Cronk
Miranda Higham
This information is provided by RNS
The company news service from the London Stock Exchange
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