WATERFORD WEDGWOOD ANNOUNCES MANAGEMENT CHANGES
WATERFORD WEDGWOOD ANNOUNCES MANAGEMENT CHANGES LONDON, Dec. 6 /PRNewswire/ -- The board of Waterford Wedgwood plc
today announced that Robert J. Davies, group finance director, is leaving the group. Richard Barnes, currently finance director of Waterford Wedgwood U.K. plc, will, for the time being, take on responsibility for group finance matters.
Hugh Gledhill, Wedgwood sales director, and Robin Ritchie, Wedgwood director of marketing and overseas operations, have been appointed to the board of Waterford Wedgwood U.K. plc, the group's intermediate holding company which controls the worldwide business comprising the Wedgwood and Johnson Brothers brands. Donald P. Brennan, group chairman, in commenting on the announcement said: "The completion of the successful reorganization of the group's operations into two distinct and independently operated businesses has strengthened considerably the financial management at Waterford and Wedgwood. The group owes a debt of gratitude to Bob Davies for the key role he played in the timely achievement of this reorganization. "The appointment of Hugh Gledhill and Robin Ritchie as directors of Waterford Wedgwood U.K. plc follows the restructuring of the senior management team at Wedgwood under its recently appointed chief executive, Kneale Ashwell." -0- 12/6/91 /CONTACT: Simon Rothschild of College Hill Associates, in London: 44-71-236-2020, for Waterford Wedgwood/ CO: Waterford Wedgwood plc ST: IN: SU: PER
TS -- NY004 -- 9947 12/06/91 06:51 EST