IAWS Finance director retires

The Iseq-listed IAWS Group has announced that David Martin will retire as Finance Director the end of 2004.

A Finance Director Designate who will succeed Martin will be appointed in the near future, the company said in a statement today.

Martin has been finance director with the IAWS Group plc since it went public on the Irish Stock Exchange in 1988.

He will remain on the Board as a non-executive Director.

Philip Lynch, IAWS Group Chairman, said today: "David has made a major contribution to the success of IAWS.

"He played a key role in repositioning the Group from a traditional agricultural supplier to an international convenience food business with sales of €1.3bn".