RANGERS have announced to the stock exchance today that David Somers has been appointed permanent non-executive chairman of the club.

Mr Somers was drafted into the club on November 7 as a non-executive director and interim chairman following Walter Smith's departure in August, writes Scott Mullen.

It was believed he was brought in to to oversee the appointment of several key members of the Rangers hierarchy, with Norman Crighton and Graham Wallace brought on to the board in recent weeks.

A statement this afternoon to the London Stock Exchange read: "The Board of Rangers has appointed David Somers as permanent non-executive Chairman, having previously been independent non-executive director and acting chairman

 

"In accordance with Rangers' Articles of Association Mr Somers will remain subject to re-appointment by an ordinary resolution at the upcoming Annual General Meeting of the Company on Thursday 19 December 2013."

Meanwhile, new Rangers chief executive Wallace says he intends to bring stability to the club after arriving at Ibrox for his first day of work.

The 52-year-old former Manchester City chief operating officer was appointed to his new role on Wednesday and has joined the Rangers International Football Club Plc board of directors as well as the club's board.

Wallace said: "I think the club needs some stability, it needs some leadership, and I'm very much looking forward to working with the board and the management team here to take the club back to where it should be, providing some expertise, some focus, some stability.

"I'm looking forward to meeting all my new colleagues and everyone that's here so we'll speak a bit later on."

Wallace replaces former chief executive Craig Mather, who stepped down after losing a courtroom battle with a shareholder group led by former oldco director Paul Murray, which forced the postponement of the club's annual general meeting.

The meeting will now take place on December 19, when Wallace and the rest of the club's board members are required to be re-elected by shareholders.