Universal Salvage PLC
10 January 2003
Universal Salvage plc
The Board of Universal Salvage plc announces the resignation today of Jonathan
Cook, Group Finance & Operations Director. Jonathan is leaving the Company to
pursue other interests. The Directors would like to thank him for his
contribution to the business and wish him well in the future.
A new Group Finance Director will be appointed in due course and in the interim,
Neil Wilson, Finance Director of the Group's main trading subsidiary, Userve
Limited, will fulfil this role.
The Board also announces the appointment today of two Executive Directors. Peter
Goodright joins the Board as Sales Director and Biju Chudasama has been
appointed Information Systems Director.
Peter Goodright joined the Company in October 2002 from Link Insurance. His long
experience of the insurance industry will be of particular benefit to the Board.
Biju Chudasama joined the Group in June 1999 as Information Technology Director
of Userve Limited and has been responsible for the implementation of major
business systems changes. The Board is delighted to welcome them both.
Trading in the first two months of the second half, which is traditionally our
busy period, has been better than expected.
Universal Salvage plc Martin Hynes Tel: 01234 762283
Biddicks Katie Tzouliadis Tel: 020 7448 1000
There are no details to be disclosed on Peter Goodright or Biju Chudasama under
paragraph 16.4 of the listing rules.
This information is provided by RNS
The company news service from the London Stock Exchange