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Aegis Announces Successor To Flynn

Aegis Announces Successor To Flynn

Media and communications group, Aegis has announced the appointment of Robert Lerwill as chief executive, taking over from Doug Flynn who has held the position since 1999.

Lerwill, who will take over the role in late March, is currently a non-executive director of Aegis, joining the Group’s board in 2000. Prior to working at Aegis, Lerwill served telecomms company Cable & Wireless, in both an financial and operational capacity as group finance director and then as chief executive, in charge of the £1.5 billion turnover Cable & Wireless Regional Division. Before Cable & Wireless, Lerwill was the group finance director of global advertising company, WPP Group.

The current chief executive of Aegis, Doug Flynn will be joining Rentokil Initial as chief executive. In his time at Aegis, Flynn proved instrumental in developing the management teams within the Group and expanding the Company in its two core areas of advertising and market research.

Commenting on the appointment, Colin Sharman, Chairman of Aegis said: “Robert has extensive experience of the media world, both internationally and in the UK – key credentials to his appointment. Importantly, as a long-standing non-executive of Aegis, he also knows the business and its management well, ensuring continuity and further development of the Company and its growth programme. Aegis is in a strong position to develop and Robert will bring further momentum to this.

He added: “Doug has developed the management team at Aegis, extended our reach in both advertising and market research, and built the business internationally. We wish him well in his new role outside the media sector. There will be a suitable hand over period, which will ensure stability within the business.”

Aegis continues to make good progress, in line with a positive pre close trading statement, released in December, revealing that the Group had a successful past 11 months and that it is well placed to deliver further growth in 2005.

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