Last checked at 27 Aug 2020 07:00
The Sage Group plc
27 August 2020
Chairman retirement
The Sage Group plc ("Sage") announces that Sir Donald Brydon has indicated his intention to retire from his role as Chairman of Sage, and step down from the Board, in September 2021. When he steps down Sir Donald will have served as Sage's Chairman for nine years. His retirement aligns with the Board succession plan and good corporate governance practice, including the UK Corporate Governance Code requirement for a chair to step down after nine years on the board.
The Nomination Committee will establish a process, led by the Senior Independent Director Drummond Hall, to identify and appoint his successor in due course.
There are no further disclosures required for the purposes of Listing Rule 9.6.11.
Enquiries
The Sage Group plc.
+44(0) 191 294 3457
James Sandford, Investor Relations
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Vicki Bradin, Company Secretary and General Counsel
FTI Consulting
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Charles Palmer
Dwight Burden
About Sage
Sage is the global market leader for technology that provides small and medium businesses with the visibility, flexibility and efficiency to manage finances, operations and people. With our partners, Sage is trusted by millions of customers worldwide to deliver the best cloud technology and support. Our years of experience mean that our colleagues and partners understand how to serve our customers and communities through the good, and more challenging times. We are here to help, with practical advice, solutions, expertise and insight.
ENDS