1 May 2019 07:00
1 May 2019
The Rank Group PlcLEI: 213800TXKD6XZWOFTE12
Directorate changes
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Ian Burke, Chairman
The Rank Group Plc (LSE: RNK) ("Rank" or "the Company") announces that, after 13 years with the Company, Ian Burke has notified Rank that he does not intend to stand for re-election as Chairman at the Company's Annual General Meeting on 17 October 2019. The Senior Independent Director, Chris Bell, is to initiate a process to appoint his successor. The Company will provide an update when appropriate.
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Ian Burke joined Rank as Chief Executive Officer in 2006, becoming Executive Chairman in 2011 and Non-Executive Chairman in 2014.
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Ian Burke, Chairman, said: "I have enjoyed my time at Rank immensely and am extremely proud of what we have achieved as a company. I have decided to step down as Chairman in the knowledge that Rank has a strong management team and Board which will take the business forward through its transformation programme."
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John O'Reilly, Chief Executive Officer, said: "Ian has played a key role at Rank for many years. I would like to thank him personally for his invaluable support and counsel since I joined the company last year."
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Chris Bell, Senior Independent Director, said: "Ian has made a very significant contribution to Rank. The Board offers him its thanks and looks forward to continuing to work with him in the coming months."
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Bill Floydd, Chief Financial Officer
Rank is pleased to announce that Bill Floydd, who joined Rank in November 2018 as Chief Financial Officer, will join the Board with immediate effect.
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Rank confirms there is no information to be disclosed under the requirements of Listing Rule 9.6.13 in relation to this appointment.
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Contacts: | |
The Rank Group Plc | Tel: +44 1628 504 303 |
Sarah Powell - investor relations | |
 FTI Consulting LLP (PR adviser to Rank) | |
Edward Bridges | Tel: +44 20 7269 7147 |
Alex Beagley | Tel: +44 20 3727 1045 |
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