Colliers CRE is pleased to announce that Mr. Douglas Phillip Frye and Mr. Christopher Ross McLernon have been appointed Directors of the Company with effect from 29th October 2009.
The Company also announces today the resignation of Andrew Graham, Colin Wagman and David Munns from the board of the Company, with immediate effect.
In addition, in accordance with arrangements relating to board composition agreed with FirstService as part of their subscription for New Ordinary Shares in the Company effective today, Mark Sample will cease to be a Director of Colliers CRE plc but will continue in his role as Group Finance Director.
Doug Frye
Aged 49, Mr. Frye has been the President and CEO of Colliers Macaulay Nicolls Inc. since 2001. Previously Mr. Frye was President of the Financial Services Group President at Grubb & Ellis from 1991 to 2001 and VP of Acquisitions/Dispositions at Shidler Group from 1988 to 1991.
Mr. Frye does not have any shareholding interest in the Company. Mr. Frye is a director of the following companies:
FirstService Commercial Real Estate Services Inc.
Colliers Macaulay Nicolls, Inc.
Chris McLernon
Aged 44, Mr. McLernon has been an employee of Colliers Macaulay Nicolls Inc. for over 23 years and has extensive experience in the commercial property services industry.
Mr. McLernon does not have any shareholding interest in the Company and is not a director of any other company.
Saved as disclosed above, there are no other matters which are required to be disclosed with regard to the appointments of Mr. McLernon and Mr Frye under paragraph (g) of Schedule Two of the AIM Rules of the London Stock Exchange plc.
For more information contact our press office:
Natasha Sunderland Head of PR +44 20 7344 6641
Jacqueline Whitaker Associate Director +44 20 7344 6706