Product category:
Transformers and Inductors
News Release from: Abacus Group
Edited by the Electronicstalk Editorial
Team on 10 May 2005
Allen takes over purse strings
Abacus Group has appointed Peter Allen as Group Finance Director, replacing Peter Griffith-Jones, who retires after 17 years with the company.
Abacus Group has appointed Peter Allen as Group Finance Director, replacing Peter Griffith-Jones, who retires after 17 years with the company Harry Westropp, Chairman of Abacus, said: "I would like to take the opportunity to welcome Peter Allen to the Board of Abacus"
This article was originally published on Electronicstalk on 3 Sep 2008 at 8.00am (UK)
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"Peter's experience and range of skills are outstanding, he is a highly valuable addition to the team".
"He takes over from Peter Griffith-Jones who has made an enormous contribution to Abacus over his many years in the business".
"I speak not only for all my colleagues but also our shareholders in thanking him and in wishing him well for the future".
Allen, 49, joins Abacus from Celltech Group where he was Deputy Chief Executive Officer and Chief Financial Officer.
Celltech, one of the leading biotechnology companies in Europe with its shares listed in London and New York, was acquired recently for GBP 1.5 billion by UCB.
Joining before the flotation of Celltech in 1993, Allen was closely involved in a series of acquisitions including Chiroscience for GBP 330 million, Medeva for GBP 600 million and Oxford Glycosciences for GBP 100 million.
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