Appointment of New Chairman

Monday 2nd March 2015

Connect Group, a leading specialist distributor operating in four divisions; News & Media, Books, Education & Care and Parcel Freight, is pleased to announce that Gary Kennedy will join the Board as a non-executive director and Chairman-designate with immediate effect.

In line with the Board’s non-executive director succession plans announced on 15 October 2014, Gary will subsequently become non-executive Chairman when Dennis Millard steps down as Chairman and retires from the Board on 1 May 2015.  Hewill also chair the Nominations Committee and be a member of the Audit and Remuneration Committees.

Gary Kennedy has extensive business experience with Deloitte, Nortel Networks (Vice President of Nortel Europe) and during the latter part of his executive career with Allied Irish Banks plc, where he was Group Director of Finance and Enterprise Technology and a member of its main Board together with subsidiary Boards in the US and Poland.  He is currently Chairman of Greencore Group plc; Chairman of Green REIT plc and a non-executive director of Friends First Holdings Ltd. He has previously been a non-executive director of Elan Corporation plc and Irish Bank Resolution Corporation Ltd, as well as serving on the Board of the Industrial Development Authority of Ireland for 10 years, retiring in December 2005.
Commenting on his forthcoming retirement, Dennis Millard said: “It has been a privilege to serve on the Connect Group board since it was first listed in 2006. The Group’s transition from a single activity business to a leading specialist distributor operating in four divisions has been an exciting journey, and we are proud to have delivered an unbroken record of dividend growth since 2006.  It has been a pleasure to work with such a fine board and executive team and I thank all of them for their support over these years.  I welcome Gary to the Connect Group family and wish him and all of the colleagues in the Group the very best”.

Mark Cashmore, Group Chief Executive, said:
“I am delighted to welcome Gary to Connect Group.  His experience across a variety of industries is highly relevant to the Group and will be a valuable asset as we continue to grow our business.”
“I would also like to thank Dennis Millard for his clear leadership, unwavering dedication and contribution to the success of the Group during his time as a director and Chairman.”
Gary Kennedy said: “Connect Group has a clear strategy to build a balanced portfolio of specialist distribution businesses that will continue to grow and deliver strong returns for shareholders.  I am very much looking forward to working with the Board and supporting the further development of this strategy.”

The Company confirms that there is no further information about Gary Kennedy requiring disclosure under paragraph 9.6.13 (2) to (6) of the Listing Rules of the UK Listing Authority.

Enquiries:

Connect Group PLC

Mark Cashmore, Group Chief Executive
Tel: 01793 563641

Buchanan

Richard Oldworth
Sophie McNulty
Gabriella Clinkard
Tel: 020 74665000

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Press Contact

For all enquiries concerning press information, please contact:

Kerrie Colford
Group Communications & PR Manager
Phone: 01793 563516
Email: media@connectgroupplc.com

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