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National Express (NEX)

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Wednesday 16 December, 2009

National Express

CEO Appointment

RNS Number : 2034E
National Express Group PLC
16 December 2009
 



16 December 2009


National Express Group plc appoints Dean Finch as Chief Executive


National Express Group plc is pleased to announce the appointment of Dean Finch as Group Chief Executive. He joins the Company in early Spring 2010.


Dean is one of Britain's most experienced transport professionals. He is currently Chief Executive of Tube Lines Ltd, the world's largest Private Finance Initiative, which is responsible for maintaining and upgrading half of the London Underground system.

 

Before joining Tube Lines, Dean worked for over 10 years in senior roles within FirstGroup plc. He was Managing Director of the Rail Division from 2000 - 2004 and then was appointed to the FirstGroup main board as Group Commercial Director in 2004, before being made Group Finance Director. With the completion of the Laidlaw acquisition he became Chief Operating Officer in North America before returning to the UK as Group Chief Operating Officer.


John Devaney, Executive Chairman of National Express said: "I am delighted to welcome Dean to National Express. His extensive experience of the transport sector, in Europe and North America as well as the UK makes him uniquely qualified to run a business of this scope and scale. He has a proven track record of improving operational performance and delivering financial success in bus, coach and rail businesses.


"Now the group has completed its recent rights issue, the Group's strategy is to focus on delivering excellence from its existing operations and Dean is ideally placed to provide the necessary insight and leadership to our experienced management team."


Dean Finch added: "National Express is a leading international transport company and it operates a series of first class businesses in BritainSpain and North America. I am looking forward to strengthening all parts of the group, fostering a culture of operational excellence enabling us to deliver real shareholder value."


National Express confirms that there are no further details to be disclosed pursuant to paragraph 9.6.13R of the Financial Services Authority's Listing Rules in relation Mr. Finch's appointment.


For further information, please contact:


National Express Group


John Devaney, Chairman: 0207 506 4324

Nicole Lander, Director of Communications: 0121 460 8401


Maitland: 0207 379 5151


Neil Bennett

George Hudson


This information is provided by RNS
The company news service from the London Stock Exchange
 
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