Product category:
Bricks, Blocks and Lintels
News Release from: Hanson
Edited by the Buildingtalk Editorial
Team on 14 December 2006
Hanson PLC new Finance Director
Hanson PLC, the international building materials group, announce the appointment of Pavi Binning as Finance Director.
Hanson PLC, the international building materials group, is pleased to announce the appointment of Pavi Binning as Finance Director Pavi, 46, will take up his role on 2 January 2007, at which time he will join the Board of Hanson
This article was originally published on Buildingtalk on 6 Oct 2006 at 8.00am (UK)
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Most recently, Pavi worked as Chief Financial Officer at telent plc, formerly Marconi Corporation plc, where he was a main Board director.
Pavi played a key role in the successful restructuring of Marconi's balance sheet, in the disposal of the majority of Marconi's business to Ericsson, in securing the UK pension plan and in establishing telent plc in its market.
Prior to joining Marconi in 2003, Pavi worked for Diageo plc for 17 years in a number of senior corporate and operational finance roles.
He is a member of the Chartered Institute of Management Accountants.
"Pavi will make an excellent contribution to Hanson," said Mike Welton, Chairman of Hanson.
"We are fortunate to have been able to choose from some very high quality candidates".
Other than his directorship of Marconi Corporation/telent plc, which ended on 5 September 2006, the Company confirms that there are no other details to be disclosed in respect of Mr Binning pursuant to paragraph 9.6.13 of the Listing Rules.
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