Lyons Financial Solutions Holdings - Resignation O
Lyons Financial Solutions Holdings - Resignation of CEO
Media Release
Garry Fromentin Resigns As CEO Of Lyons
The following is a statement from the board of directors of Lyons
Financial Solutions Holdings:
The board of directors of Lyons Financial Solutions Holdings announces
the resignation of chief executive officer, Garry Fromentin, as of
Monday, 2 September 2002. Financial director Ian Hewitt has been
appointed CEO in his stead.
Garry Fromentin leaves on amicable terms and will pursue other business
interests. Garry was one of the founding entrepreneurs and played a
pivotal role in Lyons` development as a niche financial services group.
His entrepreneurial style of management served Lyons well in its
formative stages, but as Lyons enters a new growth phase and gains
critical mass, a different management approach is required. Garry
recognised that it was time to hand over to a new CEO capable of
steering the group through the coming growth phase.
No other changes have been made to the operational board and management
of Lyons.
Ends
Issued on behalf of:
Lyons Financial Solutions Holdings Ltd
Contact: Ian Hewitt
Tel: (011) 324 2000
Fax: (011) 324 2001
Cellular: 082 444 5490
Date: Tuesday, September 3, 2002
Date: 03/09/2002 09:35:00 AM Produced by the JSE SENS Department
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