News : Board Changes at CRS
CRS ANNOUNCES THE APPOINTMENT OF DAVID DOWNES AS A NON - EXECUTIVE DIRECTOR
Cambridge Recycling Services ("CRS"), a leading company in the design and build of organic waste facilities, announced in February 2007 that David Downes has joined the company as a non-executive director with immediate effect.
David (61) was Finance Director at Shanks Group plc, the FTSE 250 waste management company for twelve years before his retirement at the end of 2005. He is a fellow of the Chartered Institute of Management Accountants; a graduate of King's College, London and holds an MBA from Stanford University, California. David has also been Finance Director of Grand Metropolitan Brewing Division, MBS plc, and Hunter Saphir Plc. He is also a non-executive director of Danka Business Systems plc and Meretec Ltd.
Steve Sharratt, Chief Executive of CRS, said: "I think that this is a real coup for CRS and we are delighted to have secured David's services. His decision to join us is a vote of confidence in our business, our objectives and our future. His extensive financial and industry experience is a great asset and we very much look forward to him working with us at CRS."
David Downes added: "CRS already has a foothold in a rapidly growing segment of the waste management industry. I am enthusiastic about playing my part working with the other members of the experienced management team in achieving its potential growth. The decision to appoint a second non-executive director clearly shows their intent to become a major player in this industry."
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David Downes
Non-Executive Director