LONDON (Dow Jones)--Findel Plc (FDL.LN), a home shopping and educational supplies sales company announced Friday the appointment of Tim Kowalski as Group Finance Director with effect from August 2. MAIN FACTS: -Kowalski brings substantial relevant experience to the role having been Group Finance Director of N. Brown Plc (BWNG.LN) and Group Finance Director of Homestyle Group Plc (HME.LN). -Chris Hinton will step down as Group Finance Director on August 1, but will remain with the Group in the short term to facilitate a smooth transition. -Shares at 1102 GMT down 1.50 pence, or 8.57%, at 16 pence. -By Zechariah Hemans, Dow Jones Newswires; 44-20-7842-9411; [email protected] (END) Dow Jones Newswires July 16, 2010 07:04 ET (11:04 GMT)