Non-executive directors to be appointed at William Ransom & Son plc
London (ots)
William Ransom, the natural healthcare company, today strengthens its brand development and corporate finance expertise by the appointment of two highly-experienced non-executive directors.
Jacqueline Paterson, Head of Beauty and Lingerie at Marks & Spencer, and William Nabarro, a senior corporate financier, join the Board with effect from today.
William John Nunes Nabarro, aged 48, has recently retired as Vice Chairman of KPMG Corporate Finance. Before joining KPMG, he was a director of Hambros Bank, becoming Head of Corporate Finance in 1997. He is a non-executive director of ICAP plc and a member of Council of the University of Leeds.
Jacqueline Sylvia Paterson, aged 42, is Business Unit Director Lingerie and Beauty and a member of the Group Operating Committee of Marks & Spencer, having joined the company in 1999. Prior to joining M&S she spent 9 years at Boots, where among other senior roles, she was Head of Toiletries at Boots the Chemist.
Tim Dye, Chairman and Chief Executive commented, "I am delighted to welcome Jack and William to the Board. Their combined expertise will be invaluable as we build our natural healthcare business through the acquisition and growth of consumer healthcare brands."
Ransom's objective is to establish itself as the UK's leading natural consumer healthcare company. The company believes that it is in a strong position to continue to acquire and grow healthcare brands that no longer fit within enlarged multi-national pharmaceutical businesses. Sales for the year to 31 March 2003 grew by 38% to GBP 14.725m, returning the company to a profit before goodwill amortisation of GBP 0.563m. Interim results for the 6 months to 30 September 2003 are expected in mid-November.
Listed below are the names of companies with which Mr Nabarro has been a director, or partner of a partnership, at any time in the past five years.
Current: ICAP plc
Past: Hambros Northern Limited KPMG CF Holdings LLC KPMG SG Hambros Bank & Trust Limited The Voice of Yorkshire (Administration) Limited The Voice of Yorkshire (Holdings) Limited The Voice of Yorkshire Limited
Mr Nabarro has not been declared bankrupt or has been the subject of any public criticism by a statutory or regulatory authority and there have been no receiverships or liquidations of companies or partnerships of which Mr Nabarro was a director or partner at the time, or within twelve months preceding, such receiverships or liquidations.
Listed below are the names of companies with which Ms Paterson has been a director, or partner of a partnership, at any time in the past five years.
Past:
The Crime Concern Marks & Spencer Groundwork Partnership
Ms Paterson has not been declared bankrupt or has been the subject of any public criticism by a statutory or regulatory authority and there have been no receiverships or liquidations of companies or partnerships of which Ms Paterson was a director or partner at the time, or within twelve months preceding, such receiverships or liquidations.
This information is provided by RNS The company news service from the London Stock Exchange
Contact:
Timothy Dye
Chief Executive
William Ransom & Son plc
Phone: +44/1462-437615
+44/7767-780532
Robert Howard
Finance Director
William Ransom & Son plc
Phone: +44/1462-437615
Ronel Lehmann
Lehmann Communications plc
Phone: +44/207/266-3020