7 Sep 2017 07:15
THE GO-AHEAD GROUP PLC
(the "Group" or "Go-Ahead")
Non-Executive Director Board changes
Go-Ahead is pleased to announce the appointment of Harry Holt and Leanne Wood as independent Non-Executive Directors of the Group with effect from 23 October 2017. Harry Holt and Leanne Wood will also be members of the Audit, Remuneration and Nomination Committees.
We also announce the retirement of Nick Horler as an independent Non-Executive Director of the Group and member of the Audit, Remuneration and Nomination committees with effect from the conclusion of the Group's Annual General Meeting on 2 November 2017.
Group Chairman, Andrew Allner, said:
"I am delighted to welcome Harry and Leanne to the Board. Through the work undertaken as part of our Board Development Programme, I believe they will bring with them the skills, experience and behaviours that will complement the existing Board. Harry has a wealth of experience in government relations, strategic planning and operations. Leanne has been at the helm of leading corporate strategy and organisational transformation, with an international career background. Both appointments will bring excellent insight to the Board and support the strategic direction of the Group.
On behalf of the Board, I would also like to thank Nick Horler for the contribution he has made since joining the Board in April 2013. Nick has been a valued member of the Board and the Audit, Remuneration and Nomination Committees.
Following these changes, the Board will comprise a Non-Executive Chairman, two Executive Directors and four independent Non-Executive Directors."
Biographical details:
Harry Holt
Harry Holt has had a varied career. He spent 24 years in the British Army fulfilling some of Defence's most demanding appointments, both as a commander on combat operations and also as a senior executive in the Ministry of Defence. Most recently, his corporate career has been spent with Rolls-Royce Holdings plc (2011 to date) where he has held a number of senior business leadership positions. He is currently the President of Rolls-Royce Holdings plc Nuclear Division and Non-Executive Chairman of Royal Foundation's Endeavour Fund.
Leanne Wood
Leanne Wood has extensive corporate experience having worked in several senior international executive roles at Diageo plc (2000 - 2015) and Burberry Group plc (2015 to date). Her current role, Chief Strategy, People and Corporate Affairs Officer, at Burberry encompasses strategy, legal, corporate affairs, company secretariat and human resources.
In accordance with the UK Listing Rules, the Group confirms that there are no further details that are required to be disclosed under paragraph LR9.6.13(1) - (6) of the UK Listing Rules in respect of the appointment of Harry Holt and Leanne Wood.
Nick Horler
In accordance with section 430 (2B) of the Companies Act 2006, the Group confirms that Nick Horler received payment of fees for service whilst a Director but that no other remuneration payment or payment for loss of office has been made in connection with his departure.
ENDS
For further information, please contact:
Carolyn Ferguson, Group Company Secretary - 0191 232 3123
Holly Gillis, Head of Investor Relations - 020 7799 8984