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Directorate change

ID: 1009995

(Thomson Reuters ONE) - MILESTONE GROUP PLC ("Milestone" or the "Company") Director ChangeThe Board of AIM quoted Milestone, the provider of digital media and technologysolutions, announces the resignation of John Sanderson as Chairman withimmediate effect.Deborah White, the Company's CEO, will assume the position as interim Chairman.Deborah White commented: "Traditional business models in the media industry havebeen significantly affected by the pace of the digital revolution, resulting ina prolonged period of strategic review for Milestone.  Following the successfulcompletion of this strategic review, which has resulted in the rebranding andrepositioning of the Milestone Group within the media sector, John has decidedto concentrate his efforts on his other numerous business interests.  We wouldlike to take this opportunity to thank John for all his efforts and support asChairman, and we wish him well for the future."Milestone, with the support of our new advisory team and following a number ofkey internal appointments, is now well positioned within the digitalmarketplace."For further information: Milestone Group Tel: 020 7929 7826 Deborah White, Chief Executive Strand Hanson Limited Tel: 020 7409 3494 Richard Tulloch / David Altberg Hybridan LLP Tel:020 7947 4004 Claire Louise Noyce / Stephen Austin[HUG#1380701]




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Bereitgestellt von Benutzer: hugin
Datum: 04.02.2010 - 07:01 Uhr
Sprache: Deutsch
News-ID 1009995
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