Business Post Group PLC
23 May 2006
Tuesday 23 May 2006
BUSINESS POST GROUP PLC
Business Post Group plc ('Business Post' or the 'Group') announces that Steven
Glew is to join the Board and assume the role of Group Finance Director with
effect from 5 June 2006.
Steven Glew has an excellent record of delivering successful change programmes
within quoted companies, most notably at Mothercare plc and Booker plc.
From 2003 to December 2005, he was Group Finance Director of Mothercare plc, the
specialist retailer, where he was integrally involved in the turnaround of the
He was Group Finance Director of Crown Sports plc, the sports and leisure group,
from 2001 to 2002, and of Booker plc, the food retailer, from 1999 until its
merger with Iceland plc in July 2000 during which time the company's financial
profile was transformed. He had previously spent 15 years at Tesco Stores PLC in
various financial and supply chain management roles.
Mr Glew, 49, is a Fellow of the Institute of Chartered Accountants in England
Guy Buswell, Group Chief Executive of Business Post, said:
'Steven has an impeccable track record. With his depth of experience of
turnaround situations, he will be able to play a pivotal role in the change
programmes we are implementing at Business Post. We greatly look forward to him
joining our new team.'
Peter Fitzwilliam will relinquish his role as Group Finance Director and step
down from the Board on 2 June 2006. Mr Fitzwilliam has been Group Finance
Director since 1999, and during that period has played an important role in the
development of Business Post. Following the recent appointment of Guy Buswell as
Group Chief Executive, the role of Group Finance Director will require a
commitment to a greater presence in Birmingham working closely with Guy and his
new senior operational management team.
Peter Kane, Chairman of Business Post, said:
'Peter has made a substantial contribution to the Group over the past seven
years including assisting most recently in the current performance improvement
strategy. We are grateful for all he has done, and wish him the very best with
his future plans.'
- Ends -
Notes to editors:
There is no further information to be disclosed in respect of Mr Glew under
paragraph 9.6.13R of the Listing Rules.
Steven Glew - career profile
2003 - 2005 Group Finance Director, Mothercare plc
2001 - 2002 Group Finance Director, Crown Sports plc
1999 - 2000 Group Finance Director, Booker plc
1984 - 1999 Tesco Stores PLC
1997-1999: Finance & Supply Chain Director, Tesco Ireland
1994-1997: Finance Director, Tesco Stores Ltd
1984-1994: Various roles, Tesco plc
1982 - 1984 Arthur Anderson & Co. (Management Consultants)
1978 - 1982 Peat Marwick Mitchell & Co (ACA, qualified 1981
Business Post Group plc
Guy Buswell, Group Chief Executive 0121 335 1111
John Olsen 020 7357 9477
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