Heath Davies joins SWORD GROUP Board
Lyon, France 28 May 2007 it was announced today that the SWORD GROUP has appointed Heath Davies to its main Board with immediate effect.
Mr Davies, 41, joined the Group through a UK acquisition in April 2002. Since this time he has held the roles of Sales Manager, Business Unit Director, Operations Director and most recently Chief Operating Officer. Mr Davies has been instrumental in growing the UK revenues and profit from 5m€ in 2002 to 100m€ (est) in 2007. The strong growth has also been complemented with EBIT levels >20% throughout the period.
Commenting on the appointment, Jacques Mottard, Chairman and CEO,” I have watched Heath growhis business with a passion and care that has been reflected in the excellent performance of his portfolio over the past few years. His appointment to the Board will ensure that the UK needs are appropriately matched against those of the other international markets. Heaths’ appointment also reflects the Groups goal of not being a French company but a global company, a UK board appointment is the natural evolution of our international commitment.”
Mr Davies commenting on his appointment “ I am very proud and excited to be part of a Board that has steered the Group from zero to over €400m market cap since listing in 2002. My focus will be to continue to drive the UK growth and begin to expand our offering in the USA and Asian markets through both organic and acquisitive growth.”
About SWORD GROUP
SWORD is a public company listed on the Paris stock exchange. It operates in 12 countries and has over 1,500 staff and an estimated turnover in 2007 of over €180m. Its key markets include; banking, insurance, government, life sciences, oil and gas, and telecommunications, complementing, but not competing in, our target markets (www.sword-group.com). SWORD has always specialised in providing IT products and services into highly regulated markets.
The SWORD GROUP is a full solution company, which has partnered with prominent companies worldwide to offer high added-value solutions with an international approach. Chairman and CEO Jacques Mottard founded the SWORD GROUP in December 2000.
The existing SWORD GROUP Board comprises, Jacques Mottard, Nicolas Mottard and François Barbier.
|SWORD GROUP||Euronext Paris||30.97 (c)||1.54%||2 876|