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[December 2004]
Mike Welton to Become Chairman of Hanson PLC
Hanson PLC announced on 17 December 2004 that Christopher Collins, Chairman, will retire from the Board of Hanson PLC after the AGM on 20 April 2005 and Mike Welton will then become Chairman.
Mike Welton has had extensive industrial experience as Chief Executive of Balfour Beatty PLC. He is due to step down from this post at the end of 2004.
Christopher Collins said: "I joined Hanson in 1989 and will have been Chairman for seven years by the next AGM. I feel now is the right time to depart. We are all delighted that Mike has agreed to take over from me as Chairman. He has experience and understanding of our industry from his successful career at Balfour Beatty. I shall be sorry to leave Hanson, but I know that I will be handing over to a first rate person".
ENDS