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Brady names Patrick Brazel and Geoffrey Bicknell non-executive directors

17 December 2007  |  3010 views  |  0 Source: Brady

Brady plc (BRY.L), the leading supplier of trading and risk management solutions for metals and commodities, has announced a number of board changes.

With effect from 2 January 2008, Patrick Brazel and Geoffrey Bicknell will join the board as non-executive directors. This follows the resignation of Graham Simister and Neil McArthur on 31 December 2007, after a combined 15 years of service on the Brady board.

Patrick Brazel has many years' experience at CEO and senior management levels in the banking, financial trading and technology markets. He has acted as CEO and Chairman at a number of companies and spent almost a decade at Sungard, latterly as President of Sungard Capital Markets. He has subsequently been instrumental in the development and progress of companies such as Sentry Financial Technology LLC, Eontec Ltd and GoldTier Technology LLC. He is also Chairman of the Irish Software Association.

Geoffrey Bicknell has an impressive track record having held executive directorships in a number of companies including TI Group Plc, Lucas Industries, Maxima Holdings Plc and Northgate Information Solutions Plc. At present he is serving as a non-executive director for Trafficmaster plc and Acta Spa, an AIM-listed company. With a broad based financial and commercial background Geoffrey's operational management expertise and practical corporate finance experience in the UK and US will be of great benefit to the company.

Paul Fullagar, Chairman of Brady, commented: "We recently announced ambitious plans for international growth, and Patrick and Geoffrey will play an important role as non-execs on the Brady board; both have a great deal of experience that will be of significant benefit for Brady, strengthening our position of supplying global enterprise-level risk management and trading systems to our core markets. I would also like to thank Graham and Neil for their expertise and commitment to Brady over so many years of service."

For more than 20 years Brady has been successfully producing leading risk management and trading solutions, with more than 800 users worldwide, including some of the largest financial institutions and mining corporations. Brady expects significant future growth to come from the precious and base metals, energy and risk management sectors.

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