REG - Elec North West Ltd - David Brocksom to retire as CFO

Berkshire HathawayAnnouncement

05/01/2023 09:30

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RNS Number : 7943L  Electricity North West Limited  05 January 2023

 

David Brocksom to retire as Chief Financial Officer of Electricity North West
Limited (the Company)

 

5 January 2023

 

Electricity North West Limited - Chief Financial Officer Announcement

 

COMPANIES WITH LISTED DEBT

 

Electricity North West Limited's Board of Directors said on 5 January 2023:

 

"The Board of directors of Electricity North West Limited (ENWL) today
announces that the Chief Financial Officer of Electricity North West Limited,
and director of ENW Finance plc, David Brocksom, is to retire. David has
confirmed his intention to retire on 30 June 2023. The Board has already
started the search for a new Chief Financial Officer.

 

David Brocksom has been a director of ENWL since October 2015 having been
involved with the business since 2013.

 

The search for the new CFO has commenced and the Company will update further
on developments in this regard in due course.

 

Alistair Buchanan, Chairman of the Company, commented on behalf of the Board:

 

"David has not just been a fine CFO for Electricity North West Limited but a
highly valued member of the Board. His fine grasp of economics combined with
his wide industrial insights were immensely helpful to the Board as the
Company transitioned to a higher performing DNO. He also provided great
continuity and stability during both the changes of owners in 2019 and the
change of CEO in 2022."

 

Ian Smyth, Chief Executive Officer, commented:

 

"David has been an important part of the success of ENWL. Today, ENWL delivers
the lowest cost service with the least number of power interruptions in the
UK. David will be missed but will always be part of the ENWL family."

 

Siôn Jones, Chief Operating Officer, Equitix one of the Company's
shareholders commented:

 

"David in his role as CFO has provided assurance, stability and confidence to
shareholders over the years. We thank him for helping us grow the business and
we wish him well in his retirement from full time work."

 

Any queries should be directed to Electricity North West's press office by
email at pressoffice@enwl.co.uk.

 

Address: Electricity North West Limited, Borron Street, Stockport, SK1 2JD

Phone: 0844 209 1957

 

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