The Board of Directors of Hornby plc announced that Nick Stone will join the company on January 14, 2013 as its new Finance Director. Nick (49) was previously the Operations and Finance Director at KBC Advanced Technologies plc He worked at KBC for eleven years, having joined in 2001 as Finance Director. Earlier in his career, Nick was interim Finance Director at Accidentcare Group PLC, Finance Director at Lambert Fenchurch Limited and held positions at Mobil Oil Corporation.

Andrew Morris, the current Finance Director, will leave the company during the first quarter of 2013 following an agreed handover period. Andrew joined the Board of the company in 2007 and is leaving to take up a position as Chief Executive of a privately owned pharmaceutical business, where he has been a Non-Executive Director since 1998.