Financial Express (Holdings) Limited (“we”, “our”, “us” and derivatives) are committed to protecting and respecting your privacy. This Privacy Policy, together with our Terms of Use, sets out the basis on which any personal data that we collect from you, or that you provide to us, will be processed by us relating to your use of any of the below websites (“sites”).


For the purposes of the Data Protection Act 1998, the data controller is Trustnet Limited of 2nd Floor, Golden House, 30 Great Pulteney Street, London, W1F 9NN. Our nominated representative for the purpose of this Act is Kirsty Witter.


We collect information about you when you register with us or use any of our websites / services. Part of the registration process may include entering personal details & details of your investments.

We may collect information about your computer, including where available your operating system, browser version, domain name and IP address and details of the website that you came from, in order to improve this site.

You confirm that all information you supply is accurate.


In order to provide personalised services to and analyse site traffic, we may use a cookie file which is stored on your browser or the hard drive of your computer. Some of the cookies we use are essential for the sites to operate and may be used to deliver you different content, depending on the type of investor you are.

You can block cookies by activating the setting on your browser which allows you to refuse the setting of all or some cookies. However, if you use your browser settings to block all cookies (including essential cookies) you may not be able to access all or part of our sites. Unless you have adjusted your browser setting so that it will refuse cookies, our system will issue cookies as soon as you visit our sites.


We store and use information you provide as follows:

  • to present content effectively;
  • to provide you with information, products or services that you request from us or which may interest you, tailored to your specific interests, where you have consented to be contacted for such purposes;
  • to carry out our obligations arising from any contracts between you and us;
  • to enable you to participate in interactive features of our service, when you choose to do so;
  • to notify you about changes to our service;
  • to improve our content by tracking group information that describes the habits, usage, patterns and demographics of our customers.

We may also send you emails to provide information and keep you up to date with developments on our sites. It is our policy to have instructions on how to unsubscribe so that you will not receive any future e-mails. You can change your e-mail address at any time.

In order to provide support on the usage of our tools, our support team need access to all information provided in relation to the tool.

We will not disclose your name, email address or postal address or any data that could identify you to any third party without first receiving your permission.

However, you agree that we may disclose to any regulatory authority to which we are subject and to any investment exchange on which we may deal or to its related clearing house (or to investigators, inspectors or agents appointed by them), or to any person empowered to require such information by or under any legal enactment, any information they may request or require relating to you, or if relevant, any of your clients.

You agree that we may pass on information obtained under Money Laundering legislation as we consider necessary to comply with reporting requirements under such legislation.


We want to ensure that the personal information we hold about you is accurate and up to date. You may ask us to correct or remove information that is inaccurate.

You have the right under data protection legislation to access information held about you. If you wish to receive a copy of any personal information we hold, please write to us at 3rd Floor, Hollywood House, Church Street East, Woking, GU21 6HJ. Any access request may be subject to a fee of £10 to meet our costs in providing you with details of the information we hold about you.


The data that we collect from you may be transferred to, and stored at, a destination outside the European Economic Area (“EEA”). It may be processed by staff operating outside the EEA who work for us or for one of our suppliers. Such staff may be engaged in, amongst other things, the provision of support services. By submitting your personal data, you agree to this transfer, storing and processing. We will take all steps reasonably necessary, including the use of encryption, to ensure that your data is treated securely and in accordance with this privacy policy.

Unfortunately, the transmission of information via the internet is not completely secure. Although we will do our best to protect your personal data, we cannot guarantee the security of your data transmitted to our sites; any transmission is at your own risk. You will not hold us responsible for any breach of security unless we have been negligent or in wilful default.


Any changes we make to our privacy policy in the future will be posted on this page and, where appropriate, notified to you by e-mail.


Our sites contain links to other websites. If you follow a link to any of these websites, please note that these websites have their own privacy policies and that we do not accept any responsibility or liability for these policies. Please check these policies before you submit any personal data to these websites.


If you want more information or have any questions or comments relating to our privacy policy please email [email protected] in the first instance.

 Information  X 
Enter a valid email address

Park Group PLC (PKG)

  Print      Mail a friend       Annual reports

Wednesday 15 November, 2017

Park Group PLC

Appointment of CEO

RNS Number : 5005W
Park Group PLC
15 November 2017


15 November 2017

Park Group plc

("Park" the "Company" or the "Group")

Appointment of CEO


Further to the announcement within its results statement of 13 June 2017 of Chris Houghton's intention to retire, Park, the UK's leading multi-retailer, multi-channel gift voucher and prepaid gift card provider, is pleased to announce the appointment of Mr. John Sullivan (Ian) O'Doherty to succeed Mr. Houghton as Chief Executive Officer of Park.


Mr. O'Doherty, aged 55, will join the Company on 2 January 2018, as CEO designate and will be appointed as CEO and to the Board following approval from the Financial Conduct Authority (FCA), which is expected will be within the first quarter of 2018. 


Current CEO, Chris Houghton will leave the Company following the announcement of the Company's full year results to 31 March 2018, in June 2018, ensuring an orderly handover and smooth transition.   


Mr. O'Doherty has a strong background in financial services, specifically in banking, payments and card services, having worked at MBNA Ltd for 26 years, most recently as Chairman and CEO of MBNA Ltd in the UK, a position he held from 2008 to 2017. In this role, he was responsible for the re-engineering of MBNA's digital capabilities and reorganised the business, leading it effectively through the 2008 financial crisis to its ultimate sale to Lloyds Banking Group for £1.9 billion in June 2017. During his leadership, MBNA was recognised amongst the 'Top 20 Great Places to Work in the UK' in 2016 and 2017, and named 'Consumer Moneyfacts Credit Card Provider of the Year' for four consecutive years to 2017.


From 2015 to 2017, Mr. O'Doherty was Deputy Chair of the UK Cards Association, having been a Board member since 2008, and he was a member of the Interim Main Board of UK Finance (New Trade Association) from 2016 to 2017.


He has an MBA from Carroll Graduate School of Management, Boston College, USA, and is a fellow of the Institute of Bankers in Ireland. He is a Non-Executive Director of Chester Race Company Ltd and is a Governor on the Board of the King's School, Chester.


Laura Carstensen, Chairman of Park, said: "We are extremely pleased to welcome someone of Ian's experience and talent as CEO of Park and are excited to be working with him. There will be a comprehensive handover period which will ensure a smooth transition for the business.  We are confident that we have found the right person to lead the business in its next era of development and maintain its momentum of consistent growth.


We would also like to thank Chris Houghton for his outstanding contribution to Park over many years. Chris has overseen the development of our own pre-paid platform flexecash®, our corporate rewards and recognition business and our MasterCard capabilities whilst also expanding our Christmas Savings business. We wish him every success for the future."


Mr. Ian O'Doherty, Park's incoming CEO, said: "Thanks to the efforts of Park's management team and all its dedicated staff, I am joining a Company in excellent health, with a rich history and strong prospects for further growth and success.  I look forward to working with the team to continue Park's proud tradition in customer service and innovation."


Additional information

Current directorships

Previous directorships

Chester Race Company Limited

MBNA Limited


FIA Jersey Holdings Limited 

FIA UK Funding Limited 

Marlin House Holdings Limited 

NewTA Limited

The UK Cards Association Limited

MBNA Ireland Limited



Save as disclosed above, there are no further details to be disclosed pursuant to Schedule Two (g) of the AIM Rules for Companies.  At the date of this announcement, Mr. O'Doherty does not hold any ordinary shares in the Company.



For further information please contact:


Park Group plc

Arden Partners plc



Chris Houghton

Martin Stewart


Steve Douglas

Benjamin Cryer


Andrew Dunn

Jeremy Carey

Sophie Praill


Tel: 0151 653 1700


Tel: 020 7614 5920


Tel: 020 7920 3150


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

a d v e r t i s e m e n t