10 Sep 2020 07:26
Directorate Change
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Following the announcement by National Grid plc earlier today that Paula Rosput Reynolds will join its Board as a non-executive director and Chair Designate on 1 January 2021, BAE Systems confirms that Ms Rosput Reynolds will step-down from its Board on 31 December 2020, having served as a non-executive director for over nine years. As announced previously, Ian Tyler will suceed Ms Rosput Reynolds as Chair of the Remuneration Committee, with effect from the beginning of 2021.
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Sir Roger Carr, Chairman, said, "Paula has made a tremendous contribution to the BAE Systems Board since joining in 2011. Hard-working and having a broad strategic perspective and a deep understanding of UK and US corporate governance, Paula has been a highly effective board member and Chair of our Remuneration Committee. Ahead of Paula standing down from the Board at the end of the year, I would like to thank her for the great contribution she has made as a Director of BAE Systems and wish her well for when she takes up her new role at National Grid in 2021."
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