CPPGroup appoints Mike Corcoran to its Board of Directors as CFO

– UK, York – CPPGroup plc (AIM:CPP), the international assistance business, is pleased to announce that, following receipt of regulatory approval, Michael Corcoran has been appointed Chief Financial Officer and a Director of the Group.

Michael has more than 20 years’ experience in senior finance roles in regulated financial services businesses and served as the International CFO for Franklin Templeton Investments, a listed global investment management business operating in 35 countries.

Roger Canham, Non-Executive Chairman, commented: “The Board is delighted that Mike has agreed to join CPP and that we have been able to secure someone of his calibre. I look forward to Mike making a significant contribution as we continue to make encouraging progress with our strategy to drive the Group’s turnaround.”

CEO, Stephen Callaghan, commented: “I look forward to Mike’s continued contribution towards CPP’s strategic development as we move the firm towards our objective of becoming the international assistance business of choice. His strong business and regulatory background is exactly what CPP needs of its new CFO.”

CPPGroup Plc (AIM:CPP) is an international assistance business operating in the UK and overseas. CPP primarily operates a business-to-business-to-consumer (B2B2C) business model providing products and services to customers through Business Partners and direct to consumer. The Group’s core assistance products help to provide security and are designed to make everyday life easier to manage.

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