RNS Number : 7316U
ITE Group PLC
19 May 2008
19 May 2008
ITE Group plc
ITE APPOINTS CHIEF EXECUTIVE
ITE Group plc, the international exhibitions group specialising in emerging and developing markets, announced today the appointment of Russell Taylor (49) as Group Chief Executive. Mr Taylor has been Group Finance Director since his appointment in 2003 and has been Acting CEO since the departure of Bill Dye at the end of January 2008. Mr Taylor will continue in his role as Group Finance Director until a successor is appointed.
Mr Taylor's appointment follows a full search process and, after assessing all the potential candidates, the Board concluded that an internal promotion provided the necessary combination of international expertise, continuity and drive to execute the Group's strategy.
Mr Taylor has extensive experience in the exhibition industry. Prior to joining ITE, he spent seven years at Earls Court Olympia Group, where he was Finance Director and subsequently Managing Director of Earls Court & Olympia Halls.
Commenting Iain Paterson, Chairman of ITE, said:
'The Board has undertaken a thorough search process and concluded that Russell has the necessary experience and qualities to take ITE forward. Russell is well known to us and has played an important role in the successful implementation of ITE's strategy in the last five years and I am confident that he will lead the Group to the next stage of its development.'
Iain Paterson, Chairman, ITE Group plc 020 7596 5044
Charles Palmer, Financial Dynamics 020 7831 3113
This information is provided by RNS
The company news service from the London Stock Exchange