Oak Holdings appoints Chris Yates as FD

Oak Holdings has brought in Chris Yates as finance director and company
secretary with immediate effect.

He is replacing Mike Williams, who resigned as company secretary and ceased
to have board responsibility for the leisure business’s financial function with
immediate effect.

“Mike is leaving Oak to focus on his overseas business interests and will
resign as a director of the company with effect from 11 October 2010,” Oak
Holdings said in a
to the City

Yates has worked in corporate finance for over 25 years, initially at Credit
Lyonnais Securities and, latterly, with Corporate Finance Partners Limited.

At Oak Holdings, Yates will be in financial charge of assets including Rother
Valley Country Park – a 1,000-acre area with four major lakes – which is leased
and managed by the company.

Rother Valley currently attracts over 750,000 visitors per year and is
included in the Official 2012 Olympic Training Camp Guide, which recommends
high-quality sporting facilities for all participating athletes.

“The directors welcome Chris to the board and thanks Mike for his
contribution to Oak over the last 15 months, having assumed responsibility for
the group’s finances at short notice.

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