REG - CPPGroup Plc - Directorate Change <Origin Href="QuoteRef">CPPG.L</Origin>

CPPGroupAnnouncement

02/10/2015 09:40

RNS Number : 0522B
CPPGroup Plc
02 October 2015
CPPGroup plc
2 October 2015
APPOINTMENT OF PERMANENT CFO
CPPGroup plc (CPP or the Group), the international assistance business, is pleased to announce that, following receipt of regulatory approval, Michael Corcoran has been appointed Chief Financial Officer and a Director of the Group. 
Michael has more than 20 years' experience in senior finance roles in regulated financial services businesses and served as the International CFO for Franklin Templeton Investments, a listed global investment management business operating in 35 countries. 
Roger Canham, Non-Executive Chairman, commented:
"The Board is delighted that Mike has agreed to join CPP and that we have been able to secure someone of his calibre.I look forward to Mike making a significant contribution as we continue to make encouraging progress with our strategy to drive the Group's turnaround."
CEO, Stephen Callaghan, commented:
"I look forward to Mike's continued contribution towards CPP's strategic development as we move the firm towards our objective of becoming the international assistance business of choice. His strong business and regulatory background is exactly what CPP needs of its new CFO."
Enquiries
CPPGroup Plc 
Stephen Callaghan, Chief Executive Officer
Lorraine Beavis, Group Company Secretary
Tel: +44 (0)1904 544500
Media
Tulchan Communications: Martin Robinson
Tel: +44 (0)20 7353 4200
Nominated Adviser and Broker
Numis Securities Limited: Stuart Skinner; Charles Farquhar
Tel: +44 (0)20 7260 1000
Further information
Michael John Corcoran, 55, is or has been a director in the following companies.
Current directorships:
Airport Angel Limited
Branath Financial Limited
Card Protection Plan Limited
CPP Assistance Limited
CPP Assistance Services Limited
CPP European Holdings Limited
CPP Group Finance Limited
CPP Group Limited
CPP Holdings Limited
CPP Insurance Administration Limited
CPP International Holdings Limited
CPP Services Limited
CPP Travel Services Limited
CPP Worldwide Holdings Limited
CPPGroup Services Limited
Detailregion Limited
Green Suite Limited
Homecare (Holdings) Limited
Homecare Assistance Limited
Homecare Insurance Limited
Previous directorships:
Fiduciary Trust International Ltd 
Franklin Templeton Fund Management Limited 
Franklin Templeton Investment Management Limited 
Franklin Templeton Global Investors Limited 
MEM Consumer Finance Limited 
Express Finance (Bromley) Limited 
Inventive Finance Limited 
FTCI (Cayman) Limited 
Franklin Templeton Holdings Limited 
Franklin Templeton International Services S.A 
Franklin Templeton Investments (Middle East) Limited 
Algebra Capital Limited 
Franklin Templeton Luxembourg Holding S.A. 
The Board confirms that Michael Corcoran has all of the requisite regulatory approvals. There are no further disclosures required pursuant to Schedule 2, paragraph (g) of the AIM Rules for Companies in respect of the proposed appointment of Michael Corcoran to the Board of CPPGroup Plc. 
Notes to Editors
CPPGroup Plc (CPP or the Group) is an international assistance business operating in the UK and overseas. CPP primarily operates a business-to-business-to-consumer (B2B2C) business model providing products and services to customers through Business Partners and direct to consumer. The Group's core assistance products help to provide security and are designed to make everyday life easier to manage.
For more information on CPP visit www.cppgroupplc.com
REGISTERED OFFICE
CPPGroup Plc
Holgate Park
York
YO26 4GA
Registered number: 07151159

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