Appointment of Chief Financial Officer
ServicePower Technologies Plc (AIM: SVR), a market leader in field management, is pleased to announce the appointment to the Board of Marne Martin as Chief Financial Officer (CFO) with immediate effect. For the period between 7 January 2013 – 28 February 2013 Ms. Martin will act alongside the existing CFO to effect an orderly handover. Ms. Martin will be based in the U.S.
Ms. Martin has a strong background in corporate and global finance execution. Most recently, Ms. Martin was CFO of AIM listed Norcon plc, a UK based telecommunications and defense consulting company, leading the company’s IPO on AIM in 2008 and successfully completing primary and secondary share placements in 2009 and 2010. Prior to her position at Norcon, Ms. Martin held various positions, including President, at East West Resources Corporation from 1996 to 2007, a private equity company whose portfolio included domestic and international businesses in diverse industries. From 2000 to 2006, Ms. Martin was President of Digicel Holdings Ltd, a $60m telecommunications firm and East West affiliate, at which she lead the acquisition of licenses, launched operations in El Salvador, recruited executive management team and oversaw operations rollout and launch.
Mark Duffin, CEO, ServicePower Technologies Plc commented: "We are delighted to have secured someone of the caliber of Marne to join the ServicePower Board. Her experience in corporate and global finance and strong understanding of the UK public company sphere will be invaluable to us as we continue to forge ahead with our US expansion while being committed to the delivery of increased shareholder value and financial strength.”
Marne Elizabeth Martin (aged 38) currently holds, and has during the last five years immediately preceding the date of this announcement held, the following directorships or partnerships:
|Formigo Ltd (Tep Wireless)||Norcon plc|
Marne was a director of Atlantic Pacific Cellular, which was an investment company in the Cayman Islands, when it was placed into voluntary liquidation on 30.11.07 when the company was no longer required, with no outstanding liabilities to creditors or shareholders.
There are no other matters which are required to be announced as required under paragraph (g) of Schedule 2 of the AIM Rules.
For further information, please contact:
|ServicePower Technologies Plc||FinnCap||Newgate Threadneedle|
|Tel: 0161 476 7762||Tel: 0207 220 0500||Tel: 020 7653 9850|
|Mark Duffin, Chief Executive Officer||Marc Young||Caroline Evans-Jones|
|Charlotte Stranner||Fiona Conroy|
ServicePower Technologies Plc is the only company that can provide a complete, global field management platform that controls all elements of the service lifecycle from offering an appointment, assigning resource and dispatching work through to tracking resources, processing claims and providing business intelligence and analytical reports. With advanced intelligence-based scheduling, dispatch and open market auction software, as well as access to a global network of 86,000 repair and installation technicians, we enable companies to control and schedule work using a mixed resource pool of employees and independent contractors. ServicePower provides solutions that cross all industries. Current customers include Assurant Solutions, Mitsubishi, Farmers Insurance, and Pitney Bowes.
ServicePower is listed on the AIM market of the London Stock Exchange with the ticker SVR.L.
For more information please visit www.servicepower.com