The Board of Lascelles, deMercado & Co. Ltd wishes to announce that, consequent upon the retirement of Hon. William McConnell as its Managing Director, which will be effective June 30, 2011, it has appointed Mr. Fraser Thornton, a director of Lascelles, deMercado & Co Ltd., as Managing Director, effective July 1, 2011. Mr. Thornton is a graduate of Stirling University, Scotland.
Furthermore, the Board of Lascelles, deMercado & Co. Ltd, would like to make the following announcements concerning its wholly-owned subsidiary, J. Way & Nephew Limited.
Consequent upon the resignation of Mr. David McConnell as Managing Director, Global Marketing Division at J. Wray & Nephew Limited, that position, as of 1st July, 2011, will be combined with that of Managing Director, Production and Agri Divisions now held by Mr. Paul Henriques who will then be appointed to the new position of Managing Director, J. Wray & Nephew Limited.
Consequent upon the retirement of the Hon. William McConnell, and Mr. Anthony Bell and the resignation of Mr. David McConnell from the Board of Directors of J. Way & Nephew Limited, as of 1st July 2011, the Board of J. Wray & Nephew Limited has resolved to appoint the following new directors: Mr. Gerald Yetming, Chairman of Lascelles, deMercado & Co. Ltd and Messrs Marlon Holder and Fraser Thornton, directors of Lascelles, deMercado & Co Ltd.
