Appointment of Group Finance Director
Alumasc (ALU.L), the premium building and engineering products group, is pleased to announce the executive appointment of Andrew Magson, 39, as Group Finance Director. His appointment is effective from 2 October 2006.
Prior to its acquisition by Saint Gobain in December 2005 Andrew was the Group Financial Controller of BPB plc, a FTSE 100 company. More recently he was a divisional financial controller at Saint Gobain. Andrew qualified as a chartered accountant with, and spent his earlier career at, PricewaterhouseCoopers.
Commenting on the appointment, Paul Hooper, Chief Executive, said ‘We are delighted to announce Andrew’s appointment as Group Finance Director. He combines FTSE 100 experience with core skills in financial management, planning and control, financial reporting, mergers and acquisitions and investor relations. I am sure that Andrew will make a significant contribution as we pursue our growth plans.’
Andrew Magson has held no directorship in any other publicly quoted company at any time during the previous five years and there are no details to be disclosed by Mr Magson under paragraph 9.6.13R of the Listing Rules.
Andrew will succeed David Sowerby, 61, who will retire with effect from 2 October 2006. David’s contribution in both the financial arena and more generally has been major and the Board expresses its gratitude to him.
The Alumasc Group plc 01536 383844
Paul Hooper (Chief Executive)
David Sowerby (Finance Director)
Bankside Consultants Limited
Charles Ponsonby / Ian Payne 020 7367 8851