Clarkson PLC
23 April 2004
CLARKSON PLC
Embargoed until 09.30am
Press Release
23 April 2004
BOARD CHANGES
The Board of Clarkson PLC, the holding company of the shipping services group,
announces that Richard Fulford-Smith has been appointed Chief Executive of the
group and joins the holding company board.
Richard Fulford-Smith will continue in his role as Managing Director of the
group's main UK shipbroking subsidiary, H. Clarkson & Company Limited.
Gary Weston will be stepping down from his position on the PLC board and as
Chairman of H. Clarkson & Company Limited to pursue other business interests.
Commenting on the news, Michael Beckett, Chairman of Clarkson PLC, said:
'Gary has served on the PLC board for the past 12 years and he goes with our
very best wishes and our appreciation for the tremendous contribution he has
made to Clarksons over the years. He is leaving the PLC board on a high note
with the group posting record results for last year in an exceptional freight
market which has continued into the first quarter of this year.'
'We are delighted that Richard is assuming the position of Chief Executive of
the group and we are sure he will bring a wealth of talent and experience to
this new position.'
Michael Beckett, who has been Chairman of Clarkson PLC for the past 11 years
will stand down at the Company's Annual General Meeting in May and his role will
be assumed by Tim Harris.
For further information contact:
Michael Beckett, Chairman 020 7334 0000
Rob Ward, Finance Director 020 7334 0000
This information is provided by RNS
The company news service from the London Stock Exchange BOAITMPTMMBTBTI
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