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Press
Release
RNS
Number:2326C AdEPT Telecom plc
02 May
2006
Mark
Palios joins AdEPT Telecom
AdEPT
Telecom plc ("AdEPT" or "the Company"), is pleased to announce the
appointment of Mark Palios as a Non-Executive Director with
immediate effect.
Mark,
aged 53 is a highly experienced business leader who during his 17
years as a Partner at PricewaterhouseCoopers has built extensive
relationships with the City and financial institutions. A chartered
accountant, Mark rose to become a Senior Partner at
PricewaterhouseCoopers, where amongst other roles he was the UK
leader for the Business Regeneration practice.
Mark is
perhaps best known for his time as CEO of The Football Association.
He is credited with saving The FA from a severe financial crisis
and undertaking an organisational and financial restructuring that
enabled The FA to manage its risks around the Wembley project and
continue to invest in the national sport.
Roger
Wilson, Chairman of AdEPT said: "We are delighted that Mark has
agreed to join us. His extensive M&A experience will be a
significant asset for the Board as we continue to build the
business via acquisition. We have already completed and integrated
two acquisitions this year, taking our total to 12 within three
years, and there is undoubtedly scope for further
consolidation"
Commenting
on his appointment, Mark Palios said: "I am very pleased to be
joining the team. AdEPT is an ambitious business as shown by their
acquisition and integration track record to date and one which is
likely to grow into a substantial business over the next few
years."
Previous
directorships and partnerships held within the past five
years:
• The
FA
•
Wembley National Stadium Limited
•
PricewaterhouseCoopers
There
is no further information required to be disclosed under schedule 2
(g) of the AIM rules. |