This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Edwards Group Limited Announces Non-Executive Director Changes

CRAWLEY, WEST SUSSEX, United Kingdom, Aug. 29, 2012 (GLOBE NEWSWIRE) -- Edwards Group Limited (Nasdaq:EVAC) ("Edwards" or the "Company") announces the appointment of Rick Medlock, Bob McGuire and Dominique Fournier as non-executive directors of the Company with effect from September 1, 2012. At the same time, Greg Brenneman will step down from the Board with effect from September 1, 2012.

Rick Medlock, as an independent non-executive director, will also chair the Audit and Risk Committee with effect from October 1, 2012. The current chairman of the Audit and Risk Committee, John Lewis, will step down from the committee but will remain on the Board. As a result of these changes, all members of the committee will be independent non-executive directors, thereby meeting the requirements of the Securities and Exchange Commission and NASDAQ Stock Market.

Bob McGuire and Dominique Fournier will join the Board as non-independent non-executive directors representing CCMP Capital, one of the Company's major shareholders. Bob McGuire will also be appointed as chairman of the Remuneration Committee. 

Nick Rose, Chairman of Edwards, commenting on the appointments said, "I am very pleased that Rick, Bob and Dominique have agreed to join our Board at this exciting time for Edwards. I have no doubt that their valuable experience will result in a strong contribution to the Board's discussions. Rick's experience gained as Chief Financial Officer in both US and UK listed companies will also bring the necessary skills required to chair our Audit and Risk Committee. I would also like to thank Greg for his significant contribution to Board discussions over the last three years and for playing a key role in guiding Edwards through to IPO in May this year."

Biographies of New Board Members

Rick Medlock

Rick has been Chief Financial Officer at Inmarsat plc, the London Stock Exchange listed mobile satellite communications company, since September 2004. Prior to joining Inmarsat he spent eight years as Chief Financial Officer of NDS Group plc, a provider of digital technology solutions which was listed on NASDAQ and Euronext. Rick is a non-executive director of Cheapflights Media Limited and is chairman of their audit committee. He is a Fellow of the Institute of Chartered Accountants of England and Wales and holds an MA in Economics from Cambridge University.

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 18,024.06 +183.54 1.03%
S&P 500 2,108.29 +22.78 1.09%
NASDAQ 5,005.3910 +63.9670 1.29%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs