Information  X 
Enter a valid email address

ITE Group PLC (ITE)

  Print      Mail a friend       Annual reports

Tuesday 08 October, 2002

ITE Group PLC

Board Change

ITE Group PLC
08 October 2002



                                ITE Group plc


           Board Change and Consolidation of Russian Management Team


ITE Group plc ('ITE' or 'The Group'), the international exhibitions specialist,
today announces that it has appointed Ross Stobie as Director General of ITE
Moscow, with immediate effect.

Mr Stobie was appointed to the Board of ITE as a Non-executive Director in June
2002.  Following this assumption of executive responsibilities, he will continue
to sit on the Board of ITE as an Executive Director.  Mr Stobie has considerable
experience in Russia, particularly in the oil and gas sector, where he was based
from 1994 to 1999 as President of British Gas PLC, Russia.

The Group also announces that it has completed a new three year consultancy
agreement with Edward Strachan, securing his exclusive services until 30
September 2005.  Mr Strachan, who has been with the group for ten years, is
based in St Petersburg and Almaty and is the key executive responsible for ITE's
operations in the growing St Petersburg, Kazakhstan and Caspian markets.

Commenting on the announcement, Ian Tomkins, Chief Executive, ITE Group plc,
said:

'Ross Stobie has extensive experience of operating in Russia and his appointment
forms part of our strategy to consolidate our Russian management team.  I am
certain that under his leadership our Russian business will continue to thrive
in what we regard as an exciting and core market for ITE.

'Similarly, the St Petersburg, Kazakhstan and Caspian markets are of key focus
for ITE and we are delighted that Edward Strachan will continue to head up what
has become an integral part of our business.'



                                     -Ends-



Enquiries:

Ian Tomkins                         ITE Group plc                  020 7596 5000
David Simonson/Nicola Davidson      Merlin Financial               020 7606 1244
                                                                   07711 709170




                      This information is provided by RNS
            The company news service from the London Stock Exchange