Drax Group PLC — Board/Management Information 2015

Apr 29, 2015

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RNS Number : 6757L

Drax Group PLC

29 April 2015

29 April 2015

Drax Group plc

(Symbol:DRX)

Directorate Change

Tony Quinlan has advised the Board of his intention to resign as Finance Director in order to take a position at Laird PLC.  He will resign as a director of the Company with effect from 31 May 2015 and his service agreement will terminate on 30 June 2015, the date on which he will leave the Company. 

The Board will now start a process to appoint a new Finance Director as soon as practicable.  In the meantime, Michael Scott will take over as Interim Finance Director for the Group, working with Tony Quinlan until his leaving date to ensure a smooth transition.  Michael joined the Company in May 2005 and is currently Head of Corporate Finance, having previously held the positions of Head of Investor Relations and Group Financial Controller.

Dorothy Thompson, Chief Executive of Drax, commented:

"On behalf of the Board, I would like to thank Tony for his contribution to Drax.  Tony has been an excellent Finance Director and has played a key role in the transformation of the Group.  He has been a pleasure to work with and the Board wish him very well for the future.  He is leaving in place a strong, experienced team." 

Enquiries:

Drax Investor Relations: Michael Scott / Mark Strafford

+44 (0) 1757 612230 / +44 (0) 1757 612 491

Media:

Drax External Communications: Andrew Brown

+44 (0) 1757 612165

Website: www.drax.com

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This information is provided by RNS

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