Appointment of new Chief Executive
23 October 2007
Further to the announcement on 17 October 2007 of the new Chairman, AutoLogic Holdings plc announces that John Merry, Chief Executive Officer, will move to the role of Deputy Chairman with effect from 1 November 2007.
The Company is pleased to announce that Avril Palmer-Baunack (age 43) will join the Board as Chief Executive Officer on 1 November 2007. Avril has a wealth of experience in the automotive industry having spent 21 years working in the sector.
She joins AutoLogic from Universal Salvage Plc where she held the position of Chief Executive Officer from March 2005 until the sale of the company to Copart, Inc. in June 2007. Prior to this she was Managing Director of FMG Support Limited, the UK’s largest independent provider of fleet management services.
Avril Palmer-Baunack’s past and current directorships are listed in a schedule attached to this announcement.
No further information is required to be disclosed in respect of Avril Palmer-Baunack pursuant to paragraph (g) of Schedule 2 to the AIM rules.
Reg Heath, Chairman of AutoLogic said, “I am pleased to announce the new position for John Merry and I wholeheartedly welcome Avril Palmer-Baunack to AutoLogic as Chief Executive Officer. I look forward to working closely with Avril to further improve the performance of the Group”.
For further information please contact:
| AutoLogic Holdings plc Reg Heath, Chairman Russell Brown , Finance Director |
Tel: 01934 523299 |
Advisors |
Tel: 020 7398 1638 |
| Media: Madano Partnership Mark Way / Graham Moonie |
Tel: 020 7593 4000 |
| Investors: IR Focus Neville Harris |
Tel: 020 7593 4016 |
Avril Palmer-Baunack – Past Directorships:
Universal Select Limited
SOS Group Limited
Select Online Spares Limited
Select Online Services Limited
Cornville Limited
Salvage Direct Limited
UServe Limited
Universal Salvage PLC
Universal Salvage Auctions Ltd
Universal Auctions Limited
Universal Vehicle Rental Limited
Universal Processing Limited
Universal Vehicle Auctions
Universal Salvage Employees’ Trustees Limited
Universal Vehicle Services Limited
Universal Salvage Services Limited
USalvage Limited
Universal Salvage (UK) Limited
Universal Environmental Services Limited
Bike Bitz Limited
Universal Car Auctions Limited
Universal Automotive Solutions Limited
Ascio Limited
Universal Logistics Limited
Universal ATF Network Limited
FMG Support Ltd
Copart (UK) Limited
Trapoc Limited
TRPC Limited
Avril Palmer-Baunack – Current Directorships:
Goaledge Limited