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Park Group PLC (APP)

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Tuesday 30 January, 2018

Park Group PLC

Confirmation of CEO Appointment

RNS Number : 3403D
Park Group PLC
30 January 2018


30 January 2017

Park Group PLC

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

Confirmation of CEO Appointment



Further to the announcement on 15 November 2017 of the intended appointment of Mr. Ian O'Doherty to succeed Mr. Chris Houghton as Chief Executive Officer of Park, Park is pleased to announce that the Financial Conduct Authority (FCA) has approved the appointment. FCA approval was the only condition to the appointment of Mr. O'Doherty.


Therefore, Mr. O'Doherty will take over as Chief Executive Officer on 1 February 2018 and join the Board of Park on that date.


Mr. Houghton will step down from both the Board and as Chief Executive Officer accordingly.  As previously announced, Mr. Houghton will remain in an advisory capacity until the announcement of the Company's full year results in June 2018, and he will continue to ensure an orderly handover and smooth transition.


For further information please contact:


Park Group plc

Arden Partners plc



Chris Houghton



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

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