ITV Regulatory News (ITV)

ITV plc ("the Company")

Directorate Change 

3 December 2020

The Company announces that Sharmila Nebhrajani has been appointed to the ITV plc Board as an independent Non-executive Director and member of the Remuneration Committee with effect from 10 December 2020.

Sharmila will succeed Roger Faxon, who will be stepping down from the Board on 10 December 2020, having served for eight years.

Sharmila has strong public service, government and commercial experience across a wide range of sectors. She studied Medicine at the University of Oxford and is a Chartered Accountant, starting her business career in strategy consulting at PwC. Her previous media and communications experience includes roles at Cable & Wireless and 13 years at the BBC ending her time as Chief Operating Officer of its Future Media & Technology division, where she managed the business functions of bbc.co.uk, including the launch of iPlayer.

She is currently a Non-executive Director of Severn Trent plc, Chairman of National Institute for Health and Care Excellence and Non-executive Director of National Savings & Investments. Most recently Sharmila was Chief Executive of Wilton Park, an executive agency of the UK Foreign & Commonwealth Office convening international policy dialogues on key areas of geopolitical significance from Global Health and Climate Change to Nuclear Non-proliferation and Challenges to Democracy. Sharmila received an OBE in 2014 for services to medical research.

Sir Peter Bazalgette, ITV's Chairman, said:

"I would like to thank Roger for his very significant contribution to the Company during his eight years on the Board. We have benefitted greatly from his wise counsel and Roger will depart with the Board's very best wishes and deep gratitude."

"Sharmila brings extensive board experience spanning public policy, regulatory and public listed businesses, which will further strengthen the mix of expertise and experience on the Board. On behalf of the Board, I am delighted to welcome Sharmila to ITV."

Sharmila Nebhrajani commented: "I am excited to be joining ITV at such a dynamic time for media and entertainment companies. I look forward to working with the Board and executive team to help drive ITV's More Than TV strategy and deliver value for shareholders."

In relation to Sharmila's appointment, no further information is required to be disclosed pursuant to Listing Rule 9.6.13R.

In accordance with section 430(2B) of the Companies Act 2006, the Company confirms that Roger Faxon will receive payment of fees for service up to the date of his leaving but that no other remuneration payment or payment for loss of office will be made in connection with his departure.

ENDS