Source: Team_Talk
Russo appointed Hornets chairman
Russo succeeds interim chairman Andy Wilson, who himself took over at the helm following the shock resignation of Simpson.[LNB]Russo's brother Vince will become executive vice-chairman to cap the pair's long-standing interest in the club.[LNB]Jimmy Russo said: "I am delighted to take on the chairmanship of such a great club.[LNB]"It's truly an honour and I look forward to working with my fellow directors. I will always do my utmost for the club and serve it in a way the fans should be proud of.[LNB]"However I want people to be under no illusions as to the task ahead."[LNB]Simpson stepped down at an Extraordinary General Meeting of the Championship club's shareholders in a bid to keep disruption at Vicarage Road to a minimum in November.[LNB]The meeting was called by the Russo brothers, who own nearly 30% of the club's shares through their company, Valley Grown Salads.[LNB]The brothers had proposed a vote of no confidence in the club's directors but Simpson's shock announcement stopped such a vote going ahead.[LNB]Former manager Graham Taylor returned to the club's board as a non-executive director last month and will remain in the position under Russo.[LNB]The new chairman also praised manager Brendan Rodgers for the recent upturn in results which has strengthened the club's league position.[LNB]Rodgers was appointed by Simpson just five days before his departure but Russo hopes that he will stay for the long term.[LNB]He said: "I am really most pleased that we have Brendan Rodgers on board for the future.[LNB]"With some hard work that future can now be one to look forward to."[LNB][LNB]
