The Board of Smart Metering Systems plc (AIM: SMS.L), the integrated metering services company that connects, owns, operates and maintains current generation and new advanced metering assets and databases, announces that it has been notified that Kevin Lyon, Chairman has decided to stand down from the Board and that Paul Dollman has agreed to join the Board as Chairman, all with immediate effect.
Paul Dollman is a Chartered Accountant and was Group Finance Director of John Menzies plc for over ten years until May 2013. John Menzies plc is a FTSE250 international Support Services business with two divisions and has revenues of around GBP2bn.
Paul was particularly involved in the growth and development of the Aviation Division, which nearly trebled in size in ten years. Prior to that he was Group Finance Director of William Grant and Sons Ltd and previously held senior finance positions in Inveresk plc, Maddox Group plc and Clydesdale Retail Group. He is a non-executive Director of Scottish Amicable Life Association Society and is a member of the Audit Committee of The National Library of Scotland. Following his appointment as Chairman of SMS, he will Chair the Company's Remuneration and the Nomination Committees and sit on the Audit Committee.