Appointment of Director

Summary by AI BETAClose X

Cordel Group PLC announced the immediate appointment of Jeffrey Songer to its Board as a Non-executive Director, bringing over 30 years of US rail industry experience, including leadership in the $31 billion Kansas City Southern Railway acquisition. Songer, who has served on Cordel's advisory board since 2024, holds 300,000 share options with an exercise price of £0.073, vesting on April 11, 2028. His expertise in operations, engineering, finance, and Positive Train Control systems is expected to significantly enhance Cordel's operational and strategic planning within the global rail industry.

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