PhotonStar appoints new Chief Financial Officer

April 8, 2013
Date Announced: 08 Apr 2013 PhotonStar LED Group plc, the British designer and manufacturer of smart LED lighting solutions, has appointed Russell Banks as Group Finance Director with effect from 2nd April 2013.Russell comes from a commercially-focused background, having held increasingly senior financial positions in the pharmaceutical, advertising/media and retail sectors. He was previously Chief Financial Officer of FTSE-listed Ark Therapeutics plc, a cutting-edge biotherapeutics developer and manufacturer, and part of a small team charged with executing a strategic direction change from in-house product development to full-service contract manufacturing and regulatory support provision. Prior to that he spent ten years as European Finance Director for biopharmaceutical company Cephalon Inc. (NASDAQ), and until 1998 he was Group Finance Controller at mail order business, Compton & Woodhouse Ltd.A Fellow of the Association of Chartered Certified Accountants, Russell holds a BSc in Economics and Accountancy from the University of Wales Institute of Science and Technology. Dr James McKenzie, Group Chief Executive, commented: "Russell brings a wealth of commercial and finance experience and his expertise will be invaluable as we continue our rapid growth. We are pleased to welcome him to the Board.”

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