Synstar PLC
21 November 2000
Appointment of new Chief Executive
Steve Vaughan, currently Managing Director of the Industry and Commerce
Division of EDS UK Limited is to take over as Chief Executive of Synstar. He
has held a number of senior management roles at EDS since joining the company
in 1986. Prior to joining EDS, he worked for Honeywell Information Systems.
Richard Ferre, Chief Executive since 1995, will step down from 1st January
2001. He will continue to support the new Chief Executive in a consultancy
capacity during the early part of next year.
Due to a decision to simplify the structure of the board, the role of Chief
Operating Officer, previously held by Steve Bolton, no longer exists. As a
result he has assumed the role of Strategic Alliances and Partnerships
Director until May 2001 when he will leave the company. He has resigned from
the board of Synstar plc with immediate effect.
Commenting on these changes the Chairman, John Leighfield, said:
'I would like to welcome Steve Vaughan on behalf of the Board. He has an
excellent track record in the IT industry. The management team looks forward
to helping him develop the company to its full potential over the coming
years.
'Richard Ferre helped establish Synstar as a leader in its field and played a
vital role in the buy-out of the company from Granada and its flotation on the
London Stock Exchange. The Board would like to take this opportunity to thank
him for all he has done.'
For additional information please call:
John Leighfield, Chairman, Synstar 01344-662-721
Rupert Ashe/Roger Leboff, GCI Financial 020-7398-0819/29
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