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Capita PLC - London-based outsourcing services - Promotes Senior Independent Director David Lowden to chair, starting at the end of the company's annual general meeting on May 10. Ian Powell will not stand for re-election at the meeting, having served as chair since 2017 and on the board since 2016. Lowden has been senior independent director since the beginning of last year. He also is chair of technical products and services firm Diploma PLC and, until April 30, of recruiter PageGroup PLC. He is senior independent director of construction firm Morgan Sindall Group PLC. Capita is looking for a new senior independent director to replace Lowden.
Current stock price: 20.68 pence
12-month change: down 56%
By Tom Waite; thomaslwaite@alliancenews.com
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