CABLE & WIRELESS COM Cable & Wireless Communications Plc
31 March 2015
BOARD CHANGESCable & Wireless Communications Plc ("CWC") today announces the following changes to its Board of Directors which have taken effect immediately following completion of the acquisition of Columbus International Inc. by CWC (the "Acquisition"), as announced earlier today:
John Risley has been appointed as a Deputy Chairman and a Non-Executive Director of
CWC;
Brendan Paddick has been appointed as a Non-Executive Director of CWC; and
Thad York has been appointed as a Non-Executive Director of CWC.
Nick Cooper will step down as Corporate Services Director of CWC.
There is no other information required to be disclosed pursuant to Listing Rule 9.6.13R. Commenting on the new appointments Sir Richard Lapthorne, Chairman of CWC said:
"On behalf of the Board, I am pleased to welcome John, Brendan and Thad as Non-Executive Directors. With their combined experiences, I'm confident that they will bring a wealth of expertise to the strategic direction of our new company."
In respect of Nick Cooper, Sir Richard Lapthorne commented:
"Nick joined Cable & Wireless plc in January 2006 and has played key roles in the demerger of Cable & Wireless plc and the creation of CWC, having served on the Board of CW C since its beginning. Over the last 2 years Nick has played the leading role in the relocation of our operational hub to Miami and has provided the Board with essential continuity during a period of unprecedented change. Though Nick is stepping down from the Board immediately, he will remain with CWC to assist in the implementation of the Acquisition. I thank him for his significant contribution to Cable & Wireless and to CWC, and wish him well for the future."
As at today's date, the composition of the nomination, remuneration and audit committees of the
Board of Directors is as follows:
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Nomination Committee: Sir Richard Lapthorne (Committee Chairman), Simon Ball, Mark Hamlin, Brendan Paddick, Alison Platt, John Risley, Barbara Thoralfsson, Ian Tyler and Thad York.
Remuneration Committee: Simon Ball (Committee Chairman), Mark Hamlin, Alison Platt, Barbara Thoralfsson and Ian Tyler.
Audit Committee: Ian Tyler (Committee Chairman), Simon Ball, Mark Hamlin, Alison Platt and
Barbara Thoralfsson.
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Cable & Wireless Communications Plc (CWC) is a full-service communications provider operating in 16 countries throughout the Caribbean and Latin America. With four leading brands: Mas Movil (Cable and Wireless Panama), LIME (the Caribbean excluding The Bahamas), BTC (The Bahamas) and Cable and Wireless Seychelles, CWC offers mobile, broadband, TV, domestic and international fixed line services and serves over 5.5m customers. CWC also provides premium data centre hosting, domestic and international managed data network services and customised IT Service Solutions to businesses and governments through our Cable & Wireless Business Solutions division.
We are the market leader in most of the products we offer and the territories we serve. For more information visit: www.cwc.com.
Columbus International Inc. is a privately held diversified telecommunications company based in Barbados. The Company provides digital cable television, broadband Internet and digital landline telephony in Trinidad, Jamaica, Barbados, Grenada, St. Vincent & the Grenadines, St. Lucia and Curacao under the brand name Flow and in Antigua under the brand name Karib Cable. Columbus also provides next generation connectivity and IT solutions, managed networking and cloud-based services under the brand Columbus Business Solutions. Through its subsidiary, Columbus Networks, the Company provides capacity and IP services, corporate data solutions and data centre hosting throughout 42 countries in the greater Caribbean, Central American and Andean region. Through its fully protected, ringed submarine fibre optic network spanning more than 42,300 km and its 38,000 km terrestrial fibre and coaxial network, Columbus' 3,150 plus professionals provide advanced telecom services to a diverse residential and corporate client base of over 700,000 customers.
For more information visit www.columbus.co.
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Contacts: Cable & Wireless CommunicationsInvestors
Kunal Patel +44(0) 20 7315 4083
Mike Gittins +44(0) 20 7315 4184
Media
Grace Silvera +1 786 353 8156
Neil Bennett, Daniel Yea (Maitland) +44(0) 20 7379 5151
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