15 Feb 2021 08:58
JPMORGAN EUROPEAN INVESTMENT TRUST PLC
(the 'Company')
Board Succession
Legal Entity Identifier: 549300D8SPJFHBDGXS57
Information disclosed in accordance with Listing Rule 9.6.11
The Board of JPMorgan European Investment Trust plc (the "Company") is pleased to announce the appointment of Guy Walker as an independent Non-executive Director of the Company with effect from 15th February 2021. The appointment was made after a thorough selection process undertaken with the assistance of a third party independent search consultancy.
Guy Walker is currently Senior Adviser at the Investor Forum and has 30 years' investment experience in UK and continental European equities with roles including Managing Director of European Equities at UBS Asset Management and Global Head of ESG Investment at Schroders.
Guy Walker does not currently hold any shares in the Company. No further information is to be disclosed in respect of paragraphs 9.6.13 (2) - (6) of the Financial Conduct Authority's Listing Rules for Guy Walker.
Commenting on the appointment of Guy Walker, Josephine Dixon, the Company's Chairman, said:
"Guy Walker is a highly experienced and well regarded Senior Investment Executive with extensive knowledge of the European equities market. He will make an excellent addition to the Board at a time when the Company is navigating through challenging times."
In line with the Company's Board Succession plan, Stephen Russell will be standing down as a Director on the same day, 15th February 2021.
Commenting on the departure of Stephen Russell and the Board's Succession Plan, Josephine Dixon, the Company's Chairman, said:
"I and the Board offer our thanks for the valuable service that Stephen Russell has provided to the Company as Director, Senior Independent Director and Chairman of the Nomination Committee and wish him well for the future. Further announcements regarding changes to the composition of the Board are expected to be released in the forthcoming months."
JPMorgan Funds Limited
Company Secretary
15th February 2021
For further information, please contact:
Paul Winship
JPMorgan Funds Limited
020 7742 4000