Wyndeham's Newly Structured Board Complete

The Wyndeham Press Group has announced details of its new main board, which follows the announcement of the group's new ownership structure earlier this month.

The Wyndeham Press Group has announced details of its new main board, which follows the announcement of the group's new ownership structure earlier this month.

Alongside Paul Utting and Lawrence Coppock, Wyndeham's chief executive and group finance director respectively, the new board now includes Kevin Lyon who has been appointed as non-executive chairman.

Lyon (45) has held a number of non-executive director roles and is the current chairman of fashion retailer, MK One, the chairman of Mono Global, a telecommunications support services business and the chairman of US healthcare software provider Craneware.

He is also the senior independent director at Booker Cash and Carry and is the former managing director of UK Private Equity for 3i plc.

Mick Tooley, the group managing director of Wyndeham's retail and commercial division is appointed to the board with immediate effect.

Tooley (43) is the managing director of Wyndeham Kestrel and was promoted to group managing director of Wyndeham's packaging, commercial sheet-fed and corporate services businesses in June 2006.

His appointment to the board follows his successful transition to the new role and demonstrates the changing composition of the Wyndeham Group, added the Wyndeham.

Adam Shaw, managing director of FL Group is appointed as non-executive director.

At 38, Shaw is a chartered accountant who has spent the bulk of his career in investment banking.

After heading up the UK mergers and acquisitions team at the Icelandic bank, Kaupthing, he joined FL Group at the beginning of 2006 to set up its UK operations.

Amit Aggarwal is appointed as non-executive director and represents 365 on the board.

The media company 365 was created when Dagsbrun split in to two separate businesses.

Aggarwal has over 10 years' experience in investment banking and is currently investment director at Baugur.

He holds a degree in economics from Cambridge University.

Landsbanki, Wyndeham's other new shareholder, will also have an observer represented on the board.

Bryan Bedson, the former chairman of the group stays on as non-executive director.

As part of the changes Roy Kingston, chief operating officer, has decided to leave the business.

Kingston joined Wyndeham three years ago with a brief to lead the restructuring of the group, a process which will be largely complete by the middle of this year.

Kingston will leave the business in the summer and will remain on the board until such time.

He commented: ''I have enjoyed my time at Wyndeham and I believe the group is now well positioned to move to another level with its new shareholders.

From a personal perspective the key objectives have been achieved and this is an appropriate time to consider other opportunities.'' Paul Utting, chief executive of Wyndeham Press Group, commented: ''Wyndeham has undergone a period of major restructuring in the last three years and is now embarking on a new phase of its strategy.

We would like to welcome the new members who join the board at this exciting time and to thank Roy for his significant contribution in reshaping the Wyndeham businesses over the last three years.''.

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