Board Appointments
August 26 2003 - 1:55PM
UK Regulatory
RNS Number:0510P
Easyscreen PLC
26 August 2003
EASYSCREEN plc
Appointment of new Chief Executive Officer
& new Non-Executive Director
EasyScreen ("the Group") is pleased to announce the appointment of Mr Peter
Scott Hodgson to the new position of Chief Executive Officer and of Mr Patrick
Edward Hamar Paines as a non-executive director.
Mr Hodgson will be responsible for the executive direction of EasyScreen's
day-to-day operations worldwide and will be based in London. Mr Hodgson's
appointment will strengthen the EasyScreen board and the Group's position as a
provider of advanced trading Solutions. He brings a wealth of commercial and
operational experience to EasyScreen as the Group progresses in its drive to
release the value of the commercial agreements made to date.
Mr Hodgson (49) has spent the large part of his career in the IT sector, and has
had broad experience and success in optimising the commercial potential of both
listed and unlisted companies in order to realise their underlying value. This
has involved the development of sales channels, business generation,
re-financing and corporate actions. Mr Hodgson's experience has included serving
as the commercial director of Datapro Computers Ltd., a division of 4 Front
Group Plc (a NASDAQ and EASDAQ listed company) and as the divisional manager of
Technology Group Ltd.
Prior to Mr Hodgson's appointment Mr Philip Docker fulfilled the role of both
Chairman and CEO. Philip will remain as Chairman of EasyScreen Plc and continue
to advise the board on strategic direction, working closely with Mr Hodgson.
Philip will now increase his focus on high-level opportunities, with a
particular emphasis on expanding existing business and closing additional sales
in the U.S.
Mr Paines (36) has a broad City experience, having held positions at Cazenove &
Co., MD of NatWest Markets (Africa) and MD of Cannaccord Capital Europe Ltd. He
currently sits on the boards of Cobra Beer UK and Indian Restaurants Ltd.
Commenting on the appointments:
Philip Docker, Chairman, said: "I am delighted that we have recruited a CEO who
can bring to EasyScreen the skills going forward that the Group requires to both
manage the business and exploit the opportunities that have been put in place.
We recognise that EasyScreen, as it matures from a period of technological
development into a sales and profit focussed operation, can benefit from the
skill set that Peter brings to the Group. This appointment will also free up
senior management time to progress known opportunities overseas, particularly in
the U.S."
"We also welcome Patrick to the board and look forward to his input into
broadening and strengthening our relationships with the City."
Peter Hodgson, CEO, said: "I am delighted to join EasyScreen. I see the Group as
having a technological lead with strong commercial relationships that are about
to be translated into growing revenues. My experience will bring a sales
directed approach to the business, of which I am excited to be a part."
Patrick Paines, non-executive director, said; " I am delighted that I will have
the opportunity to bring my financial experience and relationships to bear on
the EasyScreen business."
There is no further information requiring disclosure in relation to Mr Hodgson
or Mr Paines pursuant to rule 16.4 of the Listing Rules of the UK Listing
Authority.
About EasyScreen
EasyScreen is a global supplier of software Solutions enabling connectivity to
electronic exchanges. The company is rated as a Tier One Independent Software
Vendor (ISV) by Euronext-liffe and connects to EUREX, Euronext Paris, Chicago
Board of Trade (a/c/e), Chicago Mercantile Exchange, Singapore Exchange, the
Sydney Futures Exchange, the NQLX and vendor connected equity and FX markets
worldwide. EasyScreen supplies trading software to a client base of global
financial institutions, banks, brokers and trading houses. More information may
be found at www.easyscreen.com.
EasyScreen
Philip Docker
+44 (0)20 7645 4600
Lighthouse PR
Ashley Benjamin
+44 (0)20 7968 4949
This information is provided by RNS
The company news service from the London Stock Exchange
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