Taylor Wimpey Regulatory News (TW.)

Taylor Wimpey plc - Board and Committee Changes: Independent Non Executive Directors

The Board of Taylor Wimpey plc is delighted to announce that Scilla Grimble and Lord Jitesh Gadhia will be appointed as Independent Non Executive Directors with effect from 1 March 2021.

Scilla Grimble

Scilla has over 15 years' executive experience in the corporate finance and retail sectors, having held senior roles at UBS, Tesco plc, Marks and Spencer plc and is currently the Chief Financial Officer at Moneysupermarket.com Group plc.

Along with her significant financial and risk-related experience, Scilla also has experience of technology in a customer-facing environment and has broad property experience from her time at both Tesco and Marks & Spencer.

Upon her appointment to the Board, Scilla will also become a member of the Nomination and Governance Committee and the Audit Committee.

Lord Jitesh Gadhia

Lord Gadhia has over 20 years' executive experience, principally in the banking and private equity sector, having previously held senior roles at Blackstone Group International LLP, Barclays Capital (UK) and ABN AMRO Corporate Finance Ltd.

Jitesh is currently an Independent Non Executive Director of Calisen plc, where he is also the Senior Independent Director. He is a Non Executive Director of BGL (Holdings) Limited, where he chairs the Remuneration Committee, a director of Accord Healthcare Limited and is appointed by HM Treasury to the Board of UK Government Investments Limited.

Previously, Jitesh supported Sir Oliver Letwin MP in the review of the build out rate of residential homes in the UK and was an Independent Non Executive Director at UK Financial Investments Ltd.

Upon his appointment to the Board, Jitesh will also become a member of the Nomination and Governance Committee and the Remuneration Committee.

Irene Dorner, Chairman, said:

"I am pleased to welcome both Scilla and Jitesh to the Board.

Scilla brings with her valuable knowledge and executive experience in corporate finance, property and retail which will be of benefit to the Board's current skill set and balance. Scilla will be an asset to the Board and the Taylor Wimpey business.

Jitesh has a wealth of experience gained from his previous executive and non executive roles across a broad range of sectors. He has had extensive involvement in public affairs, following his executive career in finance and will bring an additional perspective to our Board dynamic.

I look forward to working with them both."

-ends-

 18 December 2020

For further information please contact:

Taylor Wimpey plc Tel: +44 (0) 1494 885616 

Alice Marsden, Group General Counsel and Company Secretary

Andrew McGeary, Investor Relations

Finsbury Tel: +44 (0) 20 7251 3801

Faeth Birch

Anjali Unnikrishnan