Monday, September 25, 2006

TheMoodieReport.com

TheMoodieReport.com: Alpha draws line under recent turmoil with senior appointments - 15/09/06
Source: The Moodie Report
By Dermot Davitt
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UK. Alpha Airports Group today announced the appointments of Mark Adams as Finance Director and Andrew Magowan as Company Secretary and General Counsel.

Mark Adams (42) was previously Chief Financial Officer for STA Travel Group, the world's largest travel company focused on the student and youth market with sales of US$1.3 billion.

He was involved with all aspects of the strategic development and operational management of this business. He joined STA Travel in 2000 from Prism Rail, the UK's largest group dedicated to the operations of rail franchises, where he was Finance Director.

He previously held the roles of Finance Director, Field Group Plc (1997-1999), and Group Financial Controller and subsequently Finance Director of Burnfield Plc (1994-1997) where he played a leading role in the turnaround of the group before it was acquired by Fairey Group in 1996. Adams qualified as a Chartered Accountant with Spicer & Oppenheim before joining Bromsgrove Industries in 1989 as Group Accountant and then Group Financial Controller and Company Secretary.

Alpha said in a statement today: “[Adams] brings to Alpha Airports Group extensive experience in public company finance roles and is a welcome addition to the new management team.”

Adams will join the Main Board of Alpha Airports Group on 16 October 2006 and will work alongside the interim Finance Director, Timothy Redburn, for a period of time to ensure a smooth handover process.

Andrew Magowan (32) joins Alpha Airports Group on 20 November 2006 as Company Secretary and General Counsel. He has previously been a Senior Lawyer for Associated British Foods, which he joined in 2003. He ran the in-house legal team that was responsible for dealing with all legal matters relating to M&A, Commercial, Marketing, Litigation and Regulatory & Compliance activities within the company.

Peter Williams, Alpha Chief Executive and Chairman, commented: "We are delighted to welcome Mark and Andrew to Alpha. Both bring a wealth of financial, legal and commercial expertise and will add further depth to the new management team."