KBC Advanced Technologies plc Board Changes (9954N)

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RNS Number : 9954N

KBC Advanced Technologies plc

05 October 2012

5 October 2012

KBC Advanced Technologies plc

("KBC" or "the Group")

Board changes

KBC Advanced Technologies plc, a leading consultant to the energy industry, today announces that George Bright has resigned as CEO of KBC with immediate effect. George has agreed to remain with the business until the end of October to assist with an orderly handover.

Ian Godden, currently Chairman, will lead the business on an interim basis, as Executive Chairman with immediate effect. Ian's initial focus will be to accelerate the implementation of the restructuring of the consulting business which was recently announced. Ian will be supported by the senior management team including Caroline Brown, CFO.

The board would like to thank George for his contribution to the business during his tenure and wish him well for the future.

For further information, please contact:

 
 KBC Advanced Technologies plc               01932 236314 
 Ian Godden, Executive Chairman 
 Caroline Brown, Chief Financial Officer 
 
 Cenkos Securities plc                      0131 220 9771 
 Jon Fitzpatrick 
 Neil McDonald 
 
 Weber Shandwick Financial                  020 7067 0700 
 Nick Oborne/Stephanie Badjonat/Robert 
  Cook

Notes to Editors:

KBC is a leading consultancy and software provider to the global energy, process and natural resources sectors. With over 30 years of experience, operating out of 14 global locations, KBC combines best-in-class software with experienced engineers and operations personnel using robust methodologies to create world class solutions for its clients. For more information, visit www.kbcat.com

This information is provided by RNS

The company news service from the London Stock Exchange

END

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