Intertek Group Regulatory News (ITRK)

11 December 2020, London

Intertek Group plc ('Intertek' or the 'Group')

Appointment of a new Chairman and directorate changes

Intertek Group plc announces that Andrew Martin will succeed Sir David Reid as Chairman of the Board on 1 January 2021. Sir David will retire as Chairman and non-executive director with effect from 31 December 2020 after serving on Intertek's Board for nine years.

Andrew Martin joined the Board of Intertek as an independent non-executive director on 26 May 2016. Andrew is currently non-excutive chairman of Hays plc and and a non-executive director of the John Lewis Partnership, and was previously a non-executive director of easyjet plc. Andrew is a qualified accountant and an associate of the Chartered Institute of Taxation.

Upon being appointed Chairman, Andrew Martin will chair the Nomination Committee, step down as Chair of the Audit Committee and cease to be a member of the Remuneration Committee. Jean-Michel Valette will be appointed Chair of the Audit Committee with effect from 1 January 2021.

Sir David Reid, Chairman of Intertek, commented: 

"I am delighted to announce that Andy will succeed me as Chairman of Intertek in the New Year. Andy has substantial board and wide-ranging business experience from an impressive executive and non-executive career covering a number of large international organisations and has extensive knowledge of Intertek.

I am honoured to have served as Intertek Chairman for the past nine years and to have been part of the impressive growth and sustainable value creation for all stakeholders, and I look forward to following the Company's future success in the years ahead."

Andrew Martin said:

"I am absolutely delighted to be taking over the role as Chair of the Board from David and to be working with such a strong leadership team led by our Chief Executive, André Lacroix, to continue to build on the growth and success of the business."

Graham Allan, Intertek's Senior Independent Director, said:

"I am delighted that the comprehensive process of finding a successor to David has now resulted in Andy's appointment. Andy's impressive executive and non-executive experience make him ideally positioned to carry on David's great work."

André Lacroix, Intertek Chief Executive said:

"I would like to thank David for the significant contribution he has made to Intertek's development and growth during his tenure with our Board. We will miss his wise counsel and experience and wish him every success and enjoyment for his future retirement. I am looking forward to working with Andy and Jean-Michel in their new roles, together with our non-executive director colleagues, to support the quality, safety and sustainability agenda of our clients with our Total Quality Assurance industry leading solutions."

Additional information

In accordance with section 430 (2B) of the Companies Act 2006, Intertek confirms that no remuneration payment will be made by Intertek to Sir David Reid after he ceases to be Chairman and non-executive director of the Company, nor will any payment for loss of office be made.

-ENDS-

Contacts

For further information, please contact:

Denis Moreau, Investor Relations

Telephone: +44 (0) 20 7396 3415 investor@intertek.com

Jonathon Brill, FTI Consulting

Telephone: +44 (0) 20 3727 1000  scintertek@fticonsulting.com