MMC Management Consulting Group Plc

 

TIDMMMC 
 
RNS Number : 3043B 
Management Consulting Group PLC 
23 October 2009 
 

23 October 2009 
 
 
Management Consulting Group PLC 
 
 
Directorate Changes 
 
 
Management Consulting Group PLC (the "Group"), the international management 
consulting group, today announces that Mr. Nicholas Stagg has been appointed to 
the Board as an executive director, with immediate effect. Mr. Stagg's 
responsibilities will include developing the Group's strategy and human 
resources. 
 
 
Mr. Stagg, 49, was formerly Chief Executive Officer of Teather & Greenwood 
Holdings plc, the stockbroker. He was appointed Chief Operating Officer in 2001 
and became Chief Executive Officer in 2004. Mr Stagg was responsible for 
developing the business and led its eventual sale to Landsbanki, in 2005, and 
subsequently to Straumur in 2008. Before this he was Managing Director of WS 
Atkins International plc with responsibility for running all of WS Atkins' 
international operations which were based in 24 countries and employed some 
2,500 professional staff. Prior to this he worked in property investment and 
development businesses, and from 1992 to 1999 he was a board member of Lambert 
Smith Hampton plc, the property consulting business with over 1,000 staff, the 
last four years of which were as Group Managing Director. He led the business, 
after a series of acquisitions, to its flotation on the London Stock Exchange in 
1995 and subsequently its sale to WS Atkins in 1999. 
 
 
Mr. Stagg joined Thomson McLintock (now part of KPMG) in 1981 and qualified as a 
chartered accountant in 1984. He has a degree in physics from 
University College, London. 
 
 
Alan Barber, Executive Chairman of Management Consulting Group, said "Nick's 
extensive background in managing and developing businesses which rely heavily on 
the motivation and talent of their employees will be extremely valuable to 
Managing Consulting Group as we develop, and we are fortunate to welcome him to 
our Board." 
 
 
A further announcement will be made in due course covering the relevant 
disclosures required under Rule 9.6.13 of the Listing Rules. 
 
 
Management Consulting Group PLC also announces today that Mr JP Bolduc has 
resigned as a non-executive director. Mr. Barber said:  "I would like to thank 
JP Bolduc, who has been a director for 13 years, for his long and valuable 
service to the Group." 
 
 
As previously announced, Mr. Barber will give up his executive responsibilities 
in the middle of next year. The Group will shortly be appointing executive 
search consultants to assist it in identifying and assessing both internal and 
external candidates for the role. 
 
 
For further information please contact: 
 
 
+------------------------------------------+------------------------------------------+ 
| Management Consulting Group PLC          | Tel: +44 20 7710 5000                    | 
+------------------------------------------+------------------------------------------+ 
| Alan Barber, Executive Chairman          |                                          | 
+------------------------------------------+------------------------------------------+ 
| Craig Smith, Finance Director            |                                          | 
+------------------------------------------+------------------------------------------+ 
|                                          |                                          | 
+------------------------------------------+------------------------------------------+ 
| Financial Dynamics                       | Tel: +44 20 7269 7242                    | 
+------------------------------------------+------------------------------------------+ 
| Ben Atwell                               |                                          | 
+------------------------------------------+------------------------------------------+ 
 
 
  Notes to editors: 
 
 
Management Consulting Group PLC (MMC.L) is an umbrella organisation for a 
diverse range of consulting and professional services offerings. 
 
 
MCG operates through three divisions: Alexander Proudfoot, Ineum Consulting and 
Kurt Salmon Associates. Alexander Proudfoot provides operational improvement 
services. Ineum Consulting provides consulting services with industry expertise. 
Kurt Salmon Associates provides retail and health care consulting. The Group 
operates worldwide. For further information, visit www.mcgplc.com. 
 
 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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