Board Changes – Chairman succession plans
Avanti Communications Group plc, announces that as part of a succession planning process, Paul Walsh will be stepping down as Chairman of the Company on 30 June 2019. He will be succeeded by current Deputy Chairman, Alan Harper.
Paul Walsh has been Chairman of Avanti since 2014. Alan Harper joined the board in March 2017 as non-executive director, and was appointed Interim Chief Executive from August 2017 to April 2018. He became Avanti’s Deputy Chairman in November this year.
Avanti Chief Executive, Kyle Whitehill, said: “The Board would like to record its thanks for Paul’s contribution over the last four years, which have been extraordinarily challenging for the business. Without his energy, determination, advice and professionalism it is impossible to imagine the company emerging in its new form. We are enormously grateful to him.”
“Alan was also instrumental in helping the company through its organisational and structural challenges last year and handed over to me as chief executive having achieved major change and business improvement during that period. I look forward to working with him as our new chairman next year.”
For further information, please contact:
Avanti: Nigel Fox, Chris McLaughlin +44 (0)207 749 1600
Cenkos Securities (Nomad): Max Hartley, +44 (0)207 397 8900
Montfort: Nick Miles / James Olley, +44 (0)203 770 7909
Newgate Communications: Ralph Anderson, +44 (0)203 757 6883