Lamprell Shakes Up Board on Move to LSE
To prepare for the intended move to the Main Market, Lamprell is making the following changes to its Board.
Peter Birch, currently Deputy Chairman, will become Non-Executive Chairman with immediate effect.
Peter Whitbread, currently Chairman and Chief Executive Officer ("CEO"), will step down as Chairman but continue in his position as Chief Executive Officer with immediate effect.
David Moran, currently Chief Operating Officer ("COO"), will become Director of Corporate Communications in May 2008.
Nigel McCue, currently a Non-Executive Director, will become COO in May 2008.
Lamprell intends to strengthen the Board through the future appointment of further independent Non-Executive Directors.
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