17 Dec 2019 07:00
17 December 2019
John Laing Group plc
Appointment of Non-Executive Director and Audit & Risk Committee Chair
John Laing Group plc ("John Laing" or the "Company") is pleased to announce the appointment of Philip Keller as Non-Executive Director.
Toby Hiscock has decided to retire as Non-Executive Director and Chair of the Audit & Risk Committee following John Laing's Annual General Meeting on 7 May 2020, after having served as a director of the Company since January 2015.
Philip Keller will be appointed to the Board of Directors of John Laing with effect from 1 January 2020, and will succeed Toby as the Chair of the Audit & Risk Committee following Toby's retirement from the Board after the AGM on 7 May 2020. Philip will also be a member of the Audit & Risk, Nomination and Remuneration Committees with effect from 1 January 2020.
Philip recently retired from Intermediate Capital Group PLC where he had served as Chief Finance and Operating Officer between 2006 and July 2019. Philip has extensive recent and relevant financial experience, and brings a strong management background with focus on operational matters and stakeholder communications to the Board. Prior to this he was the Finance Director at ERM Holdings Limited, a global environmental consultancy between 2000 and 2006. He has also held senior management positions at Johnson & Johnson Pharmaceutical Group, Glaxo Smithkline, and trained as an accountant at Arthur Andersen & Co.
Will Samuel, Chairman, said "On behalf of the Board, I would also like to express our thanks to Toby for his invaluable contribution to the business. We have appreciated Toby's insight and commitment to the Company. We wish him well for the future".
Will Samuel further commented on Philip's appointment: "I am delighted to welcome Philip to the Board of John Laing. He brings considerable financial and operational experience, with a deep understanding of investment businesses and global organisations, which will further strengthen the diverse mix of skills and experience on the Board."
There is no other information regarding the appointment of Phillip Keller to be disclosed under paragraph 9.6.13R of the Listing Rules.
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