9 Nov 2015 07:00
9 November 2015
Merlin Entertainments appoints a new Non-Executive Director
The Board of Merlin Entertainments plc, a global leader in branded, location-based family entertainment, today announces the appointment of Yun (Rachel) Chiang to the Board as a Non-Executive Director, with effect from 1 January 2016.
Rachel's appointment will add further breadth to the Board's existing sector, geographic and governance experience, with particular expertise in the property, consumer and e-commerce sectors within the Asian markets. Rachel is currently Partner and founding member of the private equity activities of Pacific Alliance Group (PAG), one of the region's largest Asia-focused alternative investment managers with over $11 billion in funds under management across Private Equity, Real Estate and Hedge Funds. She currently holds Non-Executive positions with Hong Kong-listed Sands China (a majority-owned subsidiary of Las Vegas Sands) and Hong Kong-listed Pacific Century Premium Developments (PCPD) which specializes in the development and management of premium property and infrastructure projects in the Asia Pacific region.
Commenting on the appointment, Sir John Sunderland, Chairman of Merlin Entertainments said:
"I am delighted to welcome Rachel to the Board of Merlin Entertainments. Rachel brings with her a wealth of experience of the Asian consumer and property markets which will prove invaluable as Merlin increasingly focuses its resources and efforts in to this region."
Upon Rachel's appointment, Merlin's Board will be as follows:
Sir John Sunderland | Chairman |
Charles Gurassa | Senior Independent Non-Executive Director |
Rachel Chiang | Non-Executive Director |
Fru Hazlitt | Non-Executive Director |
Ken Hydon | Non-Executive Director |
Trudy Rautio | Non-Executive Director |
Søren Thorup Sørensen | Non-Executive Director |
Nick Varney | Chief Executive Officer |
Andrew Carr | Chief Financial Officer |
Rachel Chiang - Career History and Board Affiliations:
· Career history:
o Pacific Alliance Group
§ Partner (2006 - Date)
o AIG Global Investment Asia Co
§ Director and Co-Founder of AIG China Retail Fund (1994 - 2006)
· Current Board affiliations:
o Pacific Century Premium Developments Ltd
§ Independent Non-executive Director (2015-Date)
o Sands China Limited
§ Independent Non-executive Director (2009-Date)
o GoodBaby Group
§ Director (1998-2010)
§ Non-executive Director (2010-2014)
§ Independent Non-executive Director (2014-Date)
For further information please contact:
Merlin Entertainments plc
+44 (0) 1202 440 082
Alistair Windybank, Investor Relations
Simon Whittington, Investor Relations
Brunswick Group
+44 (0) 20 7404 5959
Diana Vaughton
Imran Jina
About Merlin Entertainments plc
Merlin Entertainments plc is a global leader in location based, family entertainment. Europe's Number 1 and the world's second-largest visitor attraction operator, Merlin now operates over 100 attractions, 12 hotels and 4 holiday villages in 23 countries and across 4 continents. The company aims to deliver memorable experiences to its more than 60 million visitors worldwide, through its iconic global and local brands and the commitment and passion of its circa 27,000 employees.