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(Alliance News) - Greencoat UK Wind PLC said Tuesday its Non-Executive Director and Chair Tim Ingram will retire at the annual general meeting in April 2020.
The renewable infrastructure investor said "following a rigorous, externally-supported selection process", the board will promote Non-Executive Director Shonaid Jemmett-Page as the new chair.
Jemmett-Page has been on the Greencoat UK Wind board since 2012. She is a former partner at accountants KPMG and was finance director for Unilever PLC's global non-food business.
Outgoing chair Ingram said: "I continue to be delighted at the great value created for shareholders by Greencoat Capital management, who have succeeded in establishing the leading listed renewable infrastructure investment company, and have met or exceeded all the targets set at the time of our IPO in March 2013."
Greencoat UK Wind shares were down 0.1% in London at 147.00 pence each on Tuesday.
By Loreta Juodagalvyte; loretajuodagalvyte@alliancenews.com
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