WYG Plc Directorate Change (3623A)
June 07 2016 - 2:01AM
UK Regulatory
TIDMWYG
RNS Number : 3623A
WYG Plc
07 June 2016
7 June 2016
WYG plc
("WYG" or "Company")
Board changes
Iain Clarkson appointed as Chief Financial Officer
WYG, the international project management and technical
consultancy, is pleased to announce the appointment of Iain
Clarkson as Chief Financial Officer with immediate effect.
Iain Clarkson was Finance Director of AMEC Foster Wheeler plc's
Clean Energy Europe Business from 2012 to 2016 - a GBP200 million
division with operations in the UK, Central and Eastern Europe and
South Africa, employing around 2,200 staff.
Iain was previously Finance Director of AMEC plc's Nuclear
Business and its Power & Process Europe divisions, where he
played a key role in their development both organically and by
acquisition. From 2001 to 2007 he was Vice President of Finance at
Westinghouse Electric Company's European nuclear fuel business,
where he supported growing the company to become the world's
largest nuclear fuel operation, with sales of approximately $1
billion.
As announced in December 2015, Sean Cummins, who joined WYG as
Group Finance Director in December 2011, has decided that after
four challenging but successful years with WYG it is time for him
to move on. He will step down from the Board with immediate effect
but will stay with the business for a short handover period to
ensure a smooth transition.
Mike McTighe, Chairman, said:
"We are delighted that Iain is joining WYG. He has significant
commercial experience in the international consultancy sector and
first class experience in several of our key markets and
geographies. He joins us at an exciting time as we deliver the
growth strategy which is at the heart of the next phase of WYG's
development.
"On behalf of the Board, I would like to extend our sincere
thanks to Sean for the important role he has played in WYG's
successful transition to a well-funded independent group."
Iain Clarkson said:
"I am very pleased to be joining WYG at this point in its
development and I look forward to working with the team to maximize
the many exciting opportunities presented by its strong market
positions and buoyant conditions across all three of the regions in
which it operates."
WYG announced its final audited results for the year ended 31
March 2016 separately today.
Save as set out in this announcement, there are no further
disclosures required for Iain Clarkson under Rule 17, Schedule 2
paragraph (g) of the AIM Rules.
Additional information:
Iain Geoffrey Clarkson, aged 49, is a Fellow of the Institute of
Chartered Accountants in England and Wales.
In the past five years, Iain Clarkson has been a director of the
following companies:
AMEC Foster Wheeler Nuclear Holdings Limited (03725076)
AMEC Foster Wheeler Nuclear UK Limited (01120437)
AMEC Nuclear M&O Limited (05664844)
Nuclear Management Partners Limited (05894268)
UK Nuclear Restoration Limited (08353690)
Stornoway Wind Farm Limited (SC225262)
AMEC Nuclear Overseas Limited (04037762)
AMEC Foster Wheeler Nuclear International Limited (03260477)
Technica-NNC Limited (SC235856)
Stats NNC Limited (04339062)
AMEC Focus Pensions Trustee Limited (01716459)
AMEC Nuclear Projects Limited (05664962)
Energy, Safety and Risk Consultants (UK) Limited (07825532)
PWR Power Projects Limited (02281663)
Fast Reactor Technology Limited (01853864)
Nuclear Consultants International (pty) Ltd
AMEC Nuclear Consultants International Jersey Ltd
AMEC Foster Wheeler Nuclear RO SRL
Contacts:
WYG plc Tel: 0113
Paul Hamer, Chief Executive Officer 278 7111
MHP Communications Tel: 020
John Olsen / Katie Hunt / Ollie Hoare 3128 8100
N+1 Singer Tel: 020
Sandy Fraser / Nick Owen / James White 7496 3000
WH Ireland Limited Tel: 020
Adrian Hadden / Liam Gribben 7220 1666
ENDS
This information is provided by RNS
The company news service from the London Stock Exchange
END
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