Universal Salvage PLC
21 March 2003
UNIVERSAL SALVAGE PLC
APPOINTMENT OF GROUP FINANCE DIRECTOR
Universal Salvage plc is pleased to announce the appointment of Andrew
Somerville as group finance director. His appointment takes effect on Monday, 24
Andrew, an ACA, aged 43 years, has substantial experience of the support
services and distribution sectors. He spent 13 years (1986-1999) at Bunzl PLC in
a number of finance related roles. In his last four years, he was divisional
finance director of the plastic business, which had operations in the UK, Europe
and North/South America.
From Bunzl, Andrew joined Corporate Express (UK) (1999-2001), a leading UK
office products distributor, as finance and IT director. He played an
instrumental role in the merger of Corporate Express with Buhrmann NV, the
quoted, Dutch international distribution company, overseeing the integration of
the enlarged group's UK operations.
In July 2001, Andrew joined Baldwins Industrial Services PLC, the crane hire
specialists, as group finance director. In his short tenure at Baldwins, Andrew
was involved in attempting to re-structure the business, and he resigned as a
director on 31 October 2002.
Chief executive, Martin Hynes, said,
'I am delighted to welcome Andrew Somerville to the board as group finance
director and very much look forward to working with him.
I would also like to thank Neil Wilson who, as an interim measure, took on the
responsibilities of group finance director in January this year.'
Universal Salvage plc Tel: 01234 762283
Martin Hynes, chief executive
Biddicks Tel: 020 7448 1000
The following companies, of which Andrew Somerville was a director, entered into
administrative receivership on 28 October 2002:
Baldwins Industrial Services PLC
Delta Plant Hire Limited
Peiner Alliscott Limited
Height Safety Limited
Baldwins Heavy Lifting Limited
Save as set out above, there are no details in relation to Andrew Somerville to
be disclosed under paragraph 16.4 of the listing rules.
This information is provided by RNS
The company news service from the London Stock Exchange