Board Change

RNS Number : 6320R

Smiths News PLC

25 August 2010

 



Smiths News PLC

Board Change

Smiths News PLC ("Smiths News" or the "Company"), the UK's leading newspaper and magazine wholesaler and a leading UK book wholesaler, today announces that Alan Humphrey, Group Finance Director, will step down from the Board on 31 August 2010.  Alan Humphrey's decision to retire, after 28 years service with Smiths News and WH Smith, was announced on 1 March 2010.

As previously announced on 30 July 2010, Alan is succeeded by Nick Gresham, Chief Financial Officer, who was appointed to the Board on 1 August 2010.

Dennis Millard, Chairman of Smiths News commented:

"The Board would like to take this opportunity to thank Alan for his significant contribution to our business over the last eight years.  Alan has led the finance function with great distinction and all at Smiths News wish him a very happy retirement."

Enquiries:

Smiths News PLC	Tel:  [phone]
Mark Cashmore, Chief Executive
Nick Gresham, Chief Financial Officer
Buchanan Communications	Tel:  [phone]
Mark Edwards / Jeremy Garcia

About Smiths News PLC:

Smiths News PLC comprises Smiths News, the UK's leading wholesaler of newspapers and magazines and Bertrams, a leading UK book wholesaler. The Company was formed on 1 September 2006 following the demerger of WH Smith PLC.

Smiths News distributes newspapers and magazines on behalf of all the major national publishers as well as a large number of regional publishers. The business serves approximately 30,000 customers across England and Wales, supplying large general retailers as well as smaller independent newsagents. Smiths News has an approximate 55% share of the newspaper and magazine wholesaling market in the UK. In addition to its distribution activities, Smiths News collects and processes returns, supplies sales information to publishers and provides a range of services for its retail customers.

Bertrams, which was acquired on 20 March 2009, supplies books to a mix of independent booksellers, on-line and multiple retailers, and libraries. Bertrams has an approximate 45% share of the wholesale book market.

The Company operates from 64 distribution centres across England and Wales, and employs 5,500 staff.

 

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