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Pin to quick picksBrown Group Regulatory News (BWNG)

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Directorate Change

25 Jun 2020 07:17

RNS Number : 0551R
Brown (N.) Group PLC
25 June 2020
 

25 June 2020

 

Confirmation of Board appointment of Rachel Izzard as Chief financial Officer and Craig Lovelace stepping down from the Board

On 29 January 2020 N Brown Group announced the appointment of Rachel Izzard as Chief Financial Officer Designate and she joined the business on 6 April 2020. The Company is now pleased to confirm that Rachel has been appointed to the Board of N Brown Group plc as Chief Financial Officer with effect from 29 June.

Also as previously announced on 29 January, Craig Lovelace, the previous Chief Financial Officer, resigned and Craig has stepped down from the Board and will cease employment with the Group on 28th June. We are grateful for Craig staying on for a longer period of time than was intended, due to the restrictions of movement of people caused by the COVID-19 pandemic, to facilitate a smooth handover to Rachel.

Craig will receive no payments from the Company following his departure and any entitlements to annual bonus, outstanding deferred annual bonus shares and LTIP awards have lapsed.

Full details of the remuneration arrangements for Craig Lovelace will be set out on the website.

The Company confirms that there are no further matters which are required to be disclosed under LR 9.6.13 regarding the appointment of Rachel Izzard.

 

 

Further information

N Brown Group

 

Will MacLarenDirector of Investor Relations and Corporate Communications 

Tel: 0161 238 1845

 

 

 

 

MHP Communications

 

Simon Hockridge / James Midmer / Charles Hirst

Tel: 0203 128 8771

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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