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UPDATE ON TNS CHAIRMAN SELECTION PROCESS
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Mike Kirkham announces decision to withdraw candidature
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5th January 2006 - London, UK - In October 2005 the Board of Taylor Nelson Sofres plc (TNS) announced that it was going through a selection process for a chairman to replace Tony Cowling.? This followed consultation with a number of institutional shareholders and at that time the Board invited Mike Kirkham to become a candidate.
Mike Kirkham has since decided to withdraw his candidature.?? Commenting on his decision, Mike Kirkham said, "UK Corporate Governance guidelines recommend that only in exceptional circumstances should the Chief Executive of a company go on to become chairman.? After further consideration, I now believe it is appropriate for me to stand down from the process and withdraw my candidature.? I will fully support the new chairman and the new Chief Executive, David Lowden, and will work with them for the future success of TNS."
The TNS Board expects to be in a position to announce the appointment of the new chairman within the next few weeks.
About TNS?
?TNS is a market information group. We are the world's largest custom research company and a leading provider of social and political polling. We are also a major supplier of consumer panel, TV audience measurement and media intelligence services.
TNS operates a global network spanning 70 countries and employs over 13,000 people. We provide market information and measurement, together with insights and analysis, to local and multinational organisations.?
We combine our specialist sector knowledge with expertise in the areas of new product development, motivational research, brand and advertising research and stakeholder management to bring our clients up-to-the minute, internationally consistent information.
We think differently to help our clients build competitive advantage, making TNS the sixth sense of business.
Katie Zurita
International PR Manager
TNS
Westgate
London W5 1UA
email:
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Phone: +44 (0) 208 967 4787
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