KeeResources announces two key board appointments

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KeeResources, a leading provider of automotive data to vehicle manufacturers, retailers and the fleet industry, announces, with immediate effect, two key appointments to its board. John Davies joins as non-executive chairman and David Potts as chief financial officer.

Managing director of KeeResources, Denis Keenan said: “These two appointments strengthen our senior management team still further. Both John and David are well known industry figures with an unrivalled breadth of experience in large scale operations within the banking and finance industry including extensive involvement in automotive finance.

“I have known John and David for many years, having worked alongside both of them in the past. I am really delighted that they have chosen to join us and know they will both prove to be great assets to the company and will significantly assist us in driving forward with our ambitious growth strategy over the coming years.”

John Davies – Non-Executive Chairman

John Davies is a non-executive chairman of Autologic PLC and a non-executive director of Molins PLC and Helphire Group PLC. He is also chairman of the Vehicle Remarketing Association (VRA).

John Davies was previously managing director of Lloyds TSB’s Asset Finance Division. Before then, John was group head of consumer finance for Standard Chartered Bank and managing director of United Dominions Trust, a subsidiary of Lloyds TSB. John was also a director of the Finance and Leasing Association (FLA) until May 2007.

David Potts – Chief Financial Officer

After qualifying as a management accountant, David's early career was in the pharmaceutical and chemical industries with Eli Lilly and Fisons. He joined UDT, then a major vehicle finance company owned by TSB, as financial controller and progressed to finance director, spending seven years in that role prior to the merger of Lloyds and TSB.

When UDT and Lloyds Bowmaker merged he joined Lombard as finance director of their personal lending businesses. David re-joined Lloyds in 2000 as finance director of the Asset Finance Division. Motor industry businesses within that division included Black Horse Motor Finance, Lloyds TSB Autolease and the Dutton Forshaw Motor Company.

For further press information, please contact Jeremy Snook at JSPR on 01235 227572. Mobile: 07957 867139. E-mail: jeremy.snook@jspr.co.uk

Notes to Editors:

KeeResources

KeeResources is a leading provider of the most accurate and comprehensive model year specific automotive data and software solutions to vehicle manufacturers, retailers and the fleet industry. It supplies comparative automotive data to support purchase decision-making and offers sophisticated solutions for better vehicle valuation forecasting and analysis. Its KWIKfleetware leasing platform is a leading-edge, highly-securitised and scalable Oracle-based fleet management, quotes to disposals, system with full financials and automated accountancy throughout.

Established in 2000 as a due diligence and revaluations consultancy, KeeResources provides automotive information services through its four brands, KWIKCarCost, KWIKvehicledata, KWIKsystems and KWIKfleetware.

For more information, visit: www.keeresources.com

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