04 May 2005
4 May 2005
Xansa appoints Gordon Stuart as new Finance Director
Xansa, the outsourcing and technology company, is pleased to announce the
appointment of Gordon Stuart as its new Finance Director. Gordon will take up
his appointment and join the Xansa Board of Directors on 1 August 2005.
Gordon, aged 41, was previously Finance Director for London Bridge Software
Holdings plc (LBSH).
Since LBSH's acquisition by Fair Isaac Corporation in May 2004, Gordon has been
responsible for managing and successfully implementing the structural changes
arising from the acquisition. A Chartered Accountant, Gordon has held a number
of major financial and strategic positions. After early experience with
PricewaterhouseCoopers, Gordon moved to McKinsey & Co in 1992, where he gained
broad experience as a member of their Corporate Finance Practice. From 1998 to
2001 he was at Dell Computer Corporation, initially as Director of Strategy and
Planning for EMEA and latterly establishing and running its European web hosting
business. He was appointed Finance Director of LBSH in July 2001.
Peter Gill, Xansa's current Finance Director will remain with the company until
31 May 2005. Before Gordon joins the company, Mark Thurston, Xansa's Director of
Financial Control and Treasury, will assume temporary responsibility for the
Finance function, reporting directly to the Chief Executive.
Commenting on the appointment, Bill Alexander, Chairman of Xansa, said,
"We are delighted to attract someone with the breadth and depth of skills that
Gordon possesses. Gordon will be building on the solid foundation left by
Peter, whom we would like to thank for his significant contribution over the
last two years and to wish him well in his new role. We are all looking forward
to working with Gordon in the future."
Commenting on his appointment, Gordon Stuart said,
"Xansa has a unique position in the marketplace. Its ability to deliver
guaranteed business outcomes, through its combination of technology and process
expertise is truly impressive. I am excited to be joining as Xansa becomes
increasingly recognised for its leading position in the Business Processing
Outsourcing market and for its unique UK/India business and delivery model. I
believe that Xansa's focus on allowing its clients to do more with their own
business is one that will go from strength to strength and I look forward to
being part of the team that delivers that success."
The following additional information is disclosed in accordance with Chapter 16
Paragraph 4 of the Listing Rules:
1. Gordon Stuart was formerly an executive director of London Bridge Software
2. There are no details to be disclosed under paragraph 6.F.2(b) to (g).
Gordon Stuart does not hold any beneficial or non-beneficial interests in the
ordinary shares of the Company.
Steve Stratton Giles Sanderson, James Melville-Ross
Investor Relations Director, Xansa Financial Dynamics
Tel : + 44 (0)8702 416181 Tel : + 44 (0)20 7831 3113
Email : email@example.com
Xansa is the outsourcing and technology company. Committed to delivering
guaranteed business outcomes through a combination of technology and process
expertise, Xansa gives its clients the freedom to do more with their business.
Strong relationships, commercial innovation and an integrated Indian delivery
capability ensure that Xansa drives real and long-term cost reductions,
performance improvements and new ways of working tailored to each client. The
services Xansa provide are Business and Technology Consulting, IT
Implementation, IT Outsourcing and Business Process Outsourcing. Based in
Reading, Berkshire, Xansa is listed on the London Stock Exchange (LSE:XAN) and
has over 6400 people in the UK and India.
This information is provided by RNS
The company news service from the London Stock Exchange